Unilever to acquire US condiment maker Sir Kensington’s
Consumer goods company Unilever has agreed to purchase US-based condiment maker Sir Kensington’s.
Established in 2010, Sir Kensington’s produces mustard, ketchup and vegan mayonnaise made from aquafaba called Fabanaise.
Unilever North America president Kees Kruythoff said: “Sir Kensington’s is an innovative business with outstanding products and a leader in the organic and natural marketplace. We look forward to leveraging our joint understanding of food trends and consumer preferences to significantly grow the business.”
Made with sustainably sourced ingredients, Sir Kensington’s products are expected to complement Unilever’s existing portfolio of food products.
Upon completion of the transaction, Sir Kensington’s co-founders Mark Ramadan and Scott Norton will continue in their existing roles at the company.
Unilever North America foods vice-president Matthew McCarthy said: “Sir Kensington's is a beautiful brand.
“The acquisition aligns perfectly with our global sustainable nutrition strategy, moving us forward on our mission to delight consumers, produce delicious food with less impact on the environment and promote nutritious cooking.”
The companies have not disclosed financial details of the transaction, which is expected to close in the next few weeks.