Rahu finds right chemistry for Unilever.
The hardest area in which corporate venturing can help its parent is regarded as the spin-out and successful development of intellectual property.
The achievement, therefore, of Anglo-Dutch-listed consumer goods conglomerate Unilever in selling one of its corporate venturing unit’s portfolio companies to OM Group, a New York-listed coatings provider, is impressive.
OM bought Rahu Catalytics, which provides materials for environmentally friendly coatings, composites and inks, from Unilever Ventures and the company’s management. A source said the price tag was…