Dutch consumer products giant Unilever, maker of such
products as Dove soap, Lipton tea, Breyers ice cream, Ragu
spaghetti sauce, Colmans annoyingly hot English mustard,
Close-up toothpaste, and Caustic Polypropylene*, has bought Ben & Jerry's ice
cream for about $326 million.
In another transaction, the company also picked up diet foods
manufacturer SlimFast Foods
Group.
Ben and Jerry themselves had long since withdrawn from
day-to-day operations of the company, but they said Unilever's
management promised to keep up the socially responsible
policies that they first put in place at the Vermont-based
confectionary. Some reports, however, say that the global
megacorporation is only committed to maintaining these
policies for a period of two years. In a sign of what may be
to come, the company has already
withdrawn its sponsorship of the Newport Folk Festival.
Don't forget Ben & Jerry's
Worldwide Free Cone Day, April 18. It may be one of the
last.
* Note: just kidding about the
Caustic Polypropylene.