unilever continues buying spree with blueair acquisition - top quality air purifiers

Unilever was founded less than a week (UL)
Completed the acquisition of the UK Dollar Shave Club
Dutch companies are expanding in home care.
Unilever on Tuesday, August.
16 announced an agreement to acquire Blueair
S. -based manufacturer of indoor air purification systems, with sales of $0. 106 billion in 2015.
Terms of the transaction are not disclosed.
Blueair learned that Livingston's partner.
Founded in 1996 by Bengt Rittri, Blueair started a clean air revolution, bringing people the best air purifiers in the world, and now it has been sold to more than 60 countries, and among the world's largest high-end air purifier manufacturers such as China, the United States. S.
Japan, South Korea and India.
Unilever, led by CEO Paul Polman since 2009, said the acquisition would complement its existing water purification business.
Nitin Paranjpe, president of Unilever's home care business, said in a statement that Blueair brands and products are well known and represent "excellent quality and design, as well as excellent capacity
In a separate statement, Blair's Rittri said the new boss will "help Blueair take the next step and become a true global health provider --
As air pollution rises, air purifiers are strengthened "to create a safer and healthier indoor environment.
After the acquisition, Blueair will continue to operate under the name in all existing markets in Unilever's home care division, which accounts for 19% of Unilever's 2015 sales and the largest share of personal care, 38% of the group's sales.
Unilever has been stripping off Africa.
It added personal care and other consumer brands, and acquired several skincare brands last year, including Dermalogica and Kate sommervile, as well as the Zest soap brand.
The latest deal came six days after Unilever bought $1 billion for the Shave Club, which will be Unilever's biggest acquisition since $3.
7 billion acquisition of Alberto Culver, hair and skin carein 2011.
In July, Unilever said sales rose more than expected in the second quarter as emerging markets overshadowed weak demand in Europe and North America.
Sales increased by 4.
The period was 7% euros.
7 billion, while sales of home care increased by 6%, surpassing all other sectors. Third-
Quarterly results are expected in October. 13.
Unilever shares fell 0.
London stock market on Tuesday in early trading 48% GBP at 3,624 pence valuation about for 23 GBP. 8 billion ($30. 78 billion).
Shares in Unilever have risen by 33.
More than 4% a year ago, more than the American arch.
Rival P & G (PG -Get Report)
There is progress.
01% in the same period.