La société de distribution of all goods Côte d'Ivoire (SDTM CI), declared that Unilever Overseas Holdings has agreed to sell its Ivorian subsidiary (SDTM CI), declared that Unilever Overseas Holdings has agreed to sell its Ivorian subsidiary (

The transaction involves 9,163,608 shares, representing 99.78% of Unilever CI's share capital and voting rights. The company's share capital amounts to 24.936 billion FCFA (41.7 million dollars). Financial terms were not disclosed. SDTM CI, a subsidiary of the Ivorian conglomerate Carré d'Or, currently bottles and distributes Coca-Cola in Côte d'Ivoire. Unilever said that a transition period will ensure operational continuity and service quality.

For SDTM CI, the acquisition aims to strengthen its position in the food and retail sectors while expanding its portfolio in West Africa. Cette cession intervient alors qu' Unilever is facing significant market problems in Côte d'Ivoire. The Anglo-Dutch consumer goods giant has seen its revenues fall sharply in recent years. Unilever CI's turnover increased from 46 billion FCFA (76.9 million dollars) in 2021 to 36.1 billion FCFA (60.3 million dollars) in 2022, a decrease of