Unilever acquired Blueair

Unilever to acquire Blueair

Question: Recently the Unilever has signed an agreement to acquire the world’s leading supplier of innovative mobile indoor air purification technologies and solutions Blueair. Blueair is a company of which of the following country?
(a) France
(b) Sweden
(c) China
(d) Finland
Ans: (b)
Related facts:

  • On 16 August 2016 Unilever has signed an agreement to acquire Blueair, the world’s leading supplier of innovative mobile indoor air purification technologies and solutions.
  • Blueair is launched in 1996 in Stockholm, and is a leading player in the premium category of air purifiers.
  • Blueair had a turnover of US$106m in 2015.
  • It is present in markets like China, US, Japan, South Korea and India.

Reference:
https://www.unilever.com/news/press-releases/2016/unilever-to-acquire-Blueair.html
http://uk.reuters.com/article/uk-unilvr-m-a-blueair-idUKKCN10R0JG
http://www.thehindu.com/business/Industry/unilever-acquires-blueair/article8995378.ece