London loses out as Unilever moves it's headquarters

Consumer goods giant Unilever, maker of Marmite, Pot Noodle and Ben & Jerry’s ice cream, has chosen Rotterdam over London for its headquarters.

It would also be reorganising its business into three divisions: beauty and personal care, home care, and foods and refreshment.

The first two divisions will have their headquarters in London, while the third will continue to be based in Rotterdam.

The company employs 7,300 people in the UK and 3,100 in the Netherlands. No jobs will be lost by the move.

Since 1930 Unilever has operated with two parent companies – a British PLC headquartered in London and a Dutch NV based in Rotterdam.

Although run as one company, the distinct legal entities have different shareholders, separate stock listings and annual meetings and are subject to different laws and corporate governance requirements.

If you are considering a company merger, acquisition, takeover or joint venture or are in the midst of a shareholder dispute or share capital transaction or need business advice please contact us.

Call 0161 624 6811 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com

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Shalish Mehta

Shalish acts on behalf of both private individuals and commercial clients, bringing or defending claims in the High Court or the County Court. Shalish is fluent in Gujarati and will happily represent those for whom Gujariti is the first language, in English. Shalish is also able to advise and assist with negotiations to resolve disputes, avoiding the need for court proceedings. Shalish joined the firm 10 years ago, very shortly after he qualified as a solicitor. Shalish is a keen sportsman, regularly playing cricket and five-a-side football. He is also a self-confessed foodie, taking great pleasure in sampling different cuisines from around the world. Currently, Shalish is pursuing his interest in languages, attending evening Spanish lessons at a local college.