August 16, 2016 / 6:53 AM / 2 years ago

Unilever to buy Blueair air purifiers

The logo of the Unilever group is seen at the Miko factory in Saint-Dizier, France, May 4, 2016. REUTERS/Philippe Wojazer/File Photo

LONDON (Reuters) - Unilever (ULVR.L) plans to buy Sweden’s Blueair, stepping into the air purification business, the company said on Tuesday.

Unilever, whose large brands include Dove soap, Lipton tea and Ben & Jerry’s ice cream, has been very active on the acquisition front. Last month it announced a deal for Dollar Shave Club, following a string of smaller cosmetic and skin care deals including Dermalogica and Ren.

Blueair is a leading maker of premium air purifiers in markets including China, the United States, Japan, South Korea and India. It had annual turnover of $106 million (82.1 million pounds) last year.

Unilever said the purchase will complement its water purification business. It did not disclose financial details.

Reporting by Martinne Geller; Editing by Adrian Croft

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