Unilever (UL,ULVR.L) announced that it has agreed to sell Komili, the market leading olive oil brand in Turkey, for an undisclosed amount to Ana Gida, part of the Anadolu Group.
The transaction is part of Unilever's strategy to dispose of non-strategic brands, with collectively more than €2 billion in turnover.
The sale of Komili, which is subject to regulatory approval, is expected to close in 2008. Komili generated approximately €26 million in turnover for Unilever in 2007.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.