Unilever has revealed that it operates on a 'ten to one' ratio when it comes to sealing potential M&A deals in beauty and personal care.
Speaking at the recent Barclays Global Consumer Staples Conference in Boston, Alan Jope, President, Beauty & Personal Care at Unilever, provided insight into the division's current and future M&A strategy.
He said: "We go through a stage gate funnel process on acquisitions – it won't surprise you – where we begin