Unilever Selects Rotterdam for Global Headquarters
Building the Unilever of the future
Anglo-Dutch consumer goods giant Unilever has announced it plans to locate its global headquarters in Rotterdam, the Netherlands. The decision is part of the company’s plan to simplify its corporate structure from two to one single legal entity, incorporated in the Netherlands. Unilever currently employs 7,300 people in the UK and 3,100 in the Netherlands.
Unilever’s Food & Refreshment Division was already based in Rotterdam. The firm’s Beauty & Personal Care Division and Home Division will continue to be located in London. “All three divisions will continue to benefit from Unilever’s global scale and route to market,” a company statement said. Unilever will continue to be listed in the London, Amsterdam and New York stock exchanges.
Advantageous for the Dutch economy
“I am extremely pleased that the management of Unilever has chosen to locate its worldwide head office to Netherlands,” said Dutch Minister of Economic Affairs and Climate Policy Eric Wiebes. “It is a globally-operating company with a long history – since 1872 – in our country, and is an internationally renowned leader in sustainability.”
“Unilever’s focus on long-term value creation and on providing solutions for societal challenges such as food security fits well with the Netherlands’ vision,” said Wiebes. “The company is a prominent proponent of public-private knowledge and innovation projects in the agri/food sector. That’s why it’s good news that Unilever has now chosen for a future based here. It guarantees that over time, the company will continue to contribute to the Dutch economy and our innovative ecosystem. This contributes to more jobs and prosperity in the Netherlands.”
Attractive business climate
Wiebes credits Unilever’s choice for the Netherlands to the attractive business climate. “This decision shows that the Netherlands is an attractive business location for internationally-operating organizations. That is good news, because there is strong international competition for headquarters and R&D centers and it is the Dutch government’s ambition to position our business climate as strongly as possible.”
Unilever Global Foods Innovation Centre
Unilever recently also chose Holland as the location to build its new Global Foods Innovation Center. Situated at the Wageningen University & Research (WUR) in Holland’s Food Valley region, Unilever chose the location because it gives access to the Wageningen Foods ecosystem, including international talent, knowledge centers, NGOs and start-ups, thereby benefiting from knowledge-sharing in developing sustainable and nutritious food innovations for the food industry. The R&D center is expected to be completed mid-2019.