Unilever is looking to sell several food brands that have combined sales of around 1 billion euros ($1.05 billion), Chief Executive Officer Hein Schumacher told Dutch financial daily FD in an interview published on Monday.

Unilever is powering through a strategic overhaul, which has so far included a wave of layoffs and a spinoff plan for its ice cream business.

Mumbai: Hindustan Unilever’s (HUL) Vim brand, a leader in the dishwashing segment, is poised to surpass Rs 3,000 crore in sales, media reports said. Expanding its reach, HUL has introduced Vim in the floor cleaning category. The company now has 19 brands with revenues exceeding Rs 1,000 crore.

Unilever is looking to sell several food brands that have combined sales of around €1 billion, chief executive Hein Schumacher told Dutch financial daily FD in an interview published today.