The Laundress acquired by Unilever
The Laundress, an eco-friendly maker of high-end laundry detergent and cleaning supplies, was acquired by Unilever as Unilever looks to expand its eco-friendly offering. While the deals of the transaction were not publicly disclosed, sources with knowledge of the transaction have pegged the acquisition price of the deal at $100M. The UBS banker who led Unilever’s acquisition of Dollar Shave Club spearheaded this transaction as well. “We are thrilled to join the Unilever family. Together we have a unique opportunity to magnify and accelerate our mission of bringing our eco-friendly, fabric care products to every laundry room in the world,” remarked Lindsey Boyd, cofounder of The Laundress.
Selected investors in the round: No outside investment
Founding year: 2004
Total funding raised: No Outside investment
Time from founding to exit: 14.59 years
Full coverage: The Laundress acquired by Unilever
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