Marmite-maker Unilever will choose Rotterdam as its sole legal headquarters
The household goods giant which is also behind Ben & Jerry's, Pot Noodle, Dove, Lynx, Persil and Hellmann's mayonnaise is to make Rotterdam its main base. The company will stop calling the UK home for the first time in its 133-year history.
There are reports that Unilever was so shaken by a £115billion hostile takeover bid by Kraft Heinz last year. This led to the company seeking a safer haven outside the UK.
As part of the reorganisation, Unilever will also restructure into three divisions - beauty and personal care, home care, and foods and refreshment. Each will have different headquarters split between the UK and the Netherlands.
The beauty and personal care, and the home care divisions will be headquartered in London, while the foods and refreshment arm will have its HQ in Rotterdam.
The £115billion attack by Kraft Heinz prompted Unilever's Dutch boss Paul Polman to vow to do everything possible to protect the conglomerate falling into the hands of foreign vultures.
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