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What is United Africa Company mean?
The United Africa Company (UAC) was a British company which principally traded in West Africa during the 20th century.
The United Africa Company was formed in 1929 as a result of the merger of The Niger Company, which had been effectively owned by Lever Brothers since 1920, and the African & Eastern Trade Corporation. In the early 1930s the United Africa Company was nearly reduced to bankruptcy and as a result it came under the control of Unilever which had just been formed. Unilever had only been created from the merger of Lever Brothers and the Dutch Margarine Union earlier on 3 March 1929. The United Africa Company continued as subsidiary of Unilever until 1987 when it was absorbed by the parent company.
referencePosted on 29 Nov 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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