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Unilever to acquire Schmidt’s Naturals

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The Unilever U.S. headquarters building in Englewood Cliffs.
The Unilever U.S. headquarters building in Englewood Cliffs. - ()

Englewood Cliffs-based Unilever announced Thursday it has agreed to acquire Schmidt’s Naturals, a personal care company based in Portland, Oregon.

Schmidt’s Naturals started as a deodorant brand. Since its founding in 2010, it has extended its offering to bar soap and toothpaste.

“Schmidt’s Naturals is a strong, innovative brand in the fast-growing natural category, and nicely complements our existing portfolio of US deodorants which includes leading brands Degree, Axe and Dove,” said Kees Kruythoff, president, Unilever North America. “The brand’s focus on transparency and mission to make natural products accessible to everyone aligns closely with Unilever values and represents an exciting category expansion for our family of brands.”

“Schmidt’s Naturals is a great strategic fit for our Personal Care business, allowing us to reach new consumers who prefer natural options. We look forward to utilizing our Personal Care leadership to extend Schmidt’s Naturals into new sales channels and geographies,” said Alan Jope, president, Unilever Personal Care.

Schmidt’s Natural Co-Founders Jaime Schmidt and Michael Cammarata will continue to be involved in the brand after the acquisition, Unilever said.

“Today is a momentous day in the history of Schmidt's Naturals as we announce our joining of the Unilever family of brands,” said Schmidt. “Thanks to our community, what started humbly in my kitchen and local farmers’ markets has grown into homes worldwide. I am proud to say that as a result of our partnership with Unilever, we are better positioned than ever in our mission to make natural products accessible to all. Moreover, Unilever’s substantive actions towards creating a more sustainable and equitable future for diverse peoples across the planet further fuels the enthusiasm behind our alliance.”

“As long as I can remember, I’ve had one dream—to build and be part of a meaningful company that would help change the world and empower people everywhere to live their best lives. Today, Schmidt’s Naturals and Unilever are coming together to bring natural products to the world in new and innovative ways. Through our partnership, we look forward to Unilever taking Schmidt’s Naturals to new heights and cementing the brand’s mission,” said Cammarata.

Financial terms of the deal were not disclosed. The deal is expected to close no later than the first quarter of 2018.

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Emily Bader

Emily Bader

Emily Bader is the Web Editor and Social Media Coordinator at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com.

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