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Unilever to boost home business with acquisition of Seventh Generation

Reuters - UK Focus

LONDON, Sept 19 (Reuters) - Unilever (NYSE: UL - news) is to buy Seventh Generation, a U.S.-based maker of soaps and detergents, it said on Monday, as it expands its home and personal care businesses.

Financial terms were not disclosed.

Seventh Generation, based in Vermont, had 2015 turnover of more than $200 million, having seen double-digit compounded annual growth over the last 10 years.

(Reporting by Martinne Geller in London; Editing by Susan Fenton)