10.35 (0.43%) Hindustan Unilever has signed an agreement to acquire Blueair, the world’s leading supplier of innovative mobile indoor air purification technologies and solutions. This significant venture in air purification will further complement Unilever’s existing water purification business.
Launched in 1996 in Stockholm, Blueair had a turnover of $106m in 2015 and is a leading player in the premium category of air purifiers in markets like China, US, Japan, South Korea and India.
Hindustan Unilever is a manufacturer and supplier of fast moving consumer goods. Its products include soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream and water purifiers under different brand names.