Unilever plc (UL) announced that it has completed the sale of its Shedd's Country Crock branded chilled side-dish business in the US to Hormel Foods Corporation (HRL). Financial terms were not disclosed.
Ownership of the Shedd's Country Crock trademark and its flagship spreads product range remain with Unilever.
Hormel will market and sell Shedd's Country Crock chilled side-dish products, such as homestyle mashed potatoes, under a license agreement.
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