Consumer goods giants like Procter & Gamble, Kimberly-Clark, General Mills, Unilever slim down operations.
From Yahoo Finance: 2025-06-09 06:30:00
Procter & Gamble plans to cut 7,000 jobs and potentially exit certain product categories in the next two years. Kimberly-Clark sells majority stake in international tissue business for $1.73 billion. General Mills offloads US yogurt unit to Lactalis. J.M. Smucker finalizes sale of certain brands to JTM Foods. Unilever sells The Vegetarian Butcher and plans to spin off ice cream business, cutting 7,500 jobs last year.
PwC analysis shows shedding misaligned businesses can boost growth, with sellers seeing higher Ebitda growth after divestitures. Record levels of US corporate cash and dry powder at private equity firms may drive more divestitures. Conglomerates like Procter & Gamble, General Mills, and Unilever slimming down to focus on core brands for growth and efficiency.