Unilever Canada Inc.

The Company

Unilever Canada Inc. (Unilever) operates a Custom Edible Oil business (the Business) that is a leading developer, manufacturer, and marketer of a wide variety of margarines, spreads, shortenings, and bulk oils to bakeries, distributors, and foodservice companies. The business primarily manufactures its edible oil products within its parent company’s 100,000+ square feet facility located in Canada. 

The Situation

Due to a shift in strategic priorities, Unilever decided to seek a buyer for the Business and engaged KPMG Corporate Finance as its exclusive advisor for the potential sale.

THE TRANSACTION
KPMG Corporate Finance conducted a competitive sale process to identify strategic acquirers that would enable Unilever to exit its custom edible oil business while creating the least possible disruption for its customers. KPMG Corporate Finance developed significant buyer interest, coordinated management meetings and due diligence, and assisted Unilever in successfully negotiating a transaction with Margarine Golden Gate-Micha, Inc., a family-operated company and one of Canada’s largest margarine companies.