Unilever sells some Alberto Culver brands
Unilever said it was selling the Alberto VO5 brand in the United States and Puerto Rico, and the Rave brand globally, to Brynwood Partners, a private equity firm founded in 1984 and based in Greenwich, Conn. Brynwood's portfolio companies include Balance Bar, DeMet's Candy and Best Friends Pet Care, according to Capital IQ data.
Unilever on July 21 announced that it has signed a definitive agreement to sell its Bertolli olive oil and vinegar business to Grupo SOS for a consideration of €630 million.