The Commission for the Protection of Competition received a notification of a proposed concentration regarding the acquisition of assets which belongs to Murad group of companies by Unilever Plc, through Unilever N.V., Rogue Tulip Ltd and Rogue Acquisition US, LLC.
The target assets are related to the activity of development, sale and supply of skin care products, cosmetics and high quality care products under the name Murad. The Murad products are sold in Cyprus through a distributor.
Unilever Plc is the mother company of Unilever Group of Companies, and operates in the sector of fast moving consumer goods and particularly food, household products and personal care.
Unilever N.V. is a company duly registered in accordance with the laws of Netherlands, listed in the Stock Exchanges of Amsterdam and New York. Unilever N.V. belongs to Unilever Plc and is active in the supply of fast moving consumer goods. The basic activities of the company are in the sectors of personal care, household products, food and soft drinks.
Rogue Tulip Limited is a company duly registered in accordance with the laws of England and Wales. The basic activity of Rogue Tulip Limited, which belongs to Unilever Plc, is the acquisition of Murad’ s assets outside United States of America.
Rogue Acquisition US, LLC is a company duly registered in accordance with laws of the United States of America. The basic activity of Rogue Acquisition US, LLC which belongs to Unilever Plc, is the acquisition of Murad’ s assets in the USA.