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Unilever ČR, spol. s r.o. - C&W awarded sole agency instruction to assist Unilever in the sale of their manufacturing facility

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The Challenge

Unilever is a British-Dutch multinational corporation that owns many of the world´s customer product brands in foods, beverages, cleaning agents and personal care products. Purchased as part of the privatization drive in 1992, Unilever announced the closing of the PTZ Plant in Nelahozeves (approx 30 km from Prague) at the beginning of 2010 and C&W assisted in the sale of the property. The plot of land measures approx 87 000 sq m and it contains manufacturing, storage and office space with the total floor area in excess of 30 000 sq m.

The Solution

C&W has been in close contact with Unilever during the entire term of the transaction – commencing with the identification and addressing of the potential purchasers up to negotiating the purchase price, and also including advice in collecting the relevant documentation and communication with all parties involved.

The Results

In January 2011C&W identified the company Wet Wipes International who were interested in buying the site as a whole. A purchase contract was signed six months later. The entire process took approximately one year.

C&W continues to work with Unilever on several other industrial projects.