Unilever ‘planning to sell frozen food brands’

CONSUMER products giant Unilever is rumoured to be reviewing its frozen foods arm with a view to selling some or all of its brands, it was reported yesterday.

The Anglo-Dutch group is said to have asked the investment bank Goldman Sachs to look at the options for the division, whose brands include Birds Eye fish fingers and Ben & Jerry’s ice cream.

The speculation comes after sales at the division fell to €6.63 billion last year from €6.99 bn during the previous 12 months, representing a 3.4% fall in underlying sales, according to reports in the British media.