Britain’s third-biggest company, which makes a number of well-known consumer brands including Marmite, Dove soap and Magnum ice-cream, has been based in London and Rotterdam for nearly a century. The group, which has two parent companies, is to simplify its structure into a single legal entity incorporated in the Netherlands. Rajesh Agrawal, the London deputy mayor for business, said the move was “disappointing news for the capital”. It is moving a small number of people from London to Rotterdam, but is keeping its building at Blackfriars in London. Unilever has had two parent companies since its creation from the 1929 merger of the British soap maker Lever Brothers and the Dutch company Margarine Unie.

Source: The Guardian March 15, 2018 07:55 UTC