Unilever Sverige AB (Unilever), based in Sweden, has sold its subsidiary Opus Healthcare AB (Opus) to Segulah, a private equity firm, for an undisclosed consideration.
Opus is a leading provider of products with strong brands and leading market positions within the disinfection (DAX), oral care (Zendium) and cleaning (Neutral) sectors.
Segulah is a private equity firm based in Stockholm, Sweden. The company owns and develops mid-market companies and invests in buyouts of profitable, stable businesses run by experienced management teams.
Unilever, with with more than 400 brands focused on health and wellbeing Unilever's portfolio ranges from nutritionally balanced foods to indulgent ice creams, affordable soaps, luxurious shampoos and everyday household care products. The company produces world-leading brands including Lipton, Knorr, Dove, Axe, Hellmann’s and Omo, alongside trusted local names such as Blue Band, Pureit and Suave.
Oaklins' team in Sweden was engaged as advisor to manage the process when Unilever wanted to explore new ownership options for Opus.
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.