1. Market Data
September 22, 2016

M&As this week: Unilever, Steinhoff International Holdings, Wal-Mart Stores

Unilever has announced its plans to acquire Seventh Generation, a company based in the US.

Unilever has announced its plans to acquire Seventh Generation, a company based in the US.

Based in the Netherlands, Unilever produces and markets fast-moving consumer goods, whereas Seventh Generation is a household and personal care products manufacturer and distributor.

"Following the acquisition, Mattress Firm will operate as a subsidiary of Steinhoff."

The acquisition will help Unilever to expand its business into cleaning products.

US-based mattress retailer Steinhoff International Holdings has acquired American firm Mattress Firm Holding Corp

Following the acquisition, Mattress Firm will operate as a subsidiary of Steinhoff with the existing management continuing to lead the business.

Wal-Mart Stores has announced the acquisition of Jet.com for $3.3bn. The acquisition will help Wal-Mart to expand its online presence and compete with other online retailers such as Amazon.

Content from our partners
Advanced analytics and predicting market trends in FMCG
How smart predictive analytics is shaping product development
Data analysis in the brave new world

Wal-Mart is a multinational retail corporation based in the US, while Jet.com is an online retailer also based in the US.