Mar 2026 Financial News

Unilever Caribbean Limited - Notice of Divestment in its Laundry Brands

Mar 27, 2026

NOTICE TO SHAREHOLDERS
Pursuant to Section 64(1)(b) of the Securities Act, 2012

Unilever Caribbean Limited advises that on March 23, 2026, its Board of Directors approved the divestment of the Company's rights to the laundry powder brands "Breeze" and "Radiante" across multiple territories with effect from March 15, 2026.

The territories impacted by this transaction include: Trinidad and Tobago, Costa Rica, El Salvador, Guatemala, Honduras, Panama, Dominican Republic, Nicaragua, Antigua and Barbuda, Barbados, Curacao, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St Maarten, St. Vincent and the Grenadines, Suriname and Dominica.

The rights have been divested to lndustria La Popular, Sociedad An6nima, as part of a broader regional divestment initiative undertaken by Unilever PLC.

As part of the transaction, Unilever Caribbean Limited has agreed to a non-compete restriction for a period of three (3) years, ending on March 15, 2029.

During this period, Unilever Caribbean Limited will not engage in the marketing, sale or distribution of powder and liquid laundry detergents within the territories listed above.


 

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 27th March 2026