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Exit · Closed Jul 2024

Unilever divests Pureit as portfolio reshaping under Growth Action Plan

Relationship map

Relationship map for Unilever divests Pureit as portfolio reshaping under Growth Action Planparent ofA.O. Smith Corp.: PlatformAOA.O. Smith Corp.Pureit: Operating CompanyPUPureit
Operating CompanyPlatform

Parties

Acquirer
A.O. Smith Corp.
Platform
Target
Pureit
Operating Company

Market signals

Summary

Unilever framed the sale of Pureit to A.O. Smith as a portfolio divestiture to focus on higher-growth spaces under its Growth Action Plan.

Primary source