
Vaseline is owned by Unilever (LSE: ULVR, NYSE: UL), a British multinational consumer goods company. Unilever acquired Vaseline through its purchase of Chesebrough Manufacturing Company in 1987. Vaseline operates as a wholly-owned brand within Unilever's Beauty and Wellbeing division. The brand has delivered double-digit growth for three consecutive years and is one of Unilever's highest-performing Power Brands.
Parent Company
Acquired
1987
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Vaseline | Unilever plc | Wholly owned |
Vaseline was founded by Robert Chesebrough, a British-born American chemist. In 1859, Chesebrough traveled to the oil fields of Titusville, Pennsylvania, where he observed oil workers using a residue called "rod wax" to treat cuts and burns. The substance accumulated on oil rig pumps and had to be periodically removed. Workers found it effective for healing skin injuries.
Chesebrough took samples of the rod wax back to his laboratory in Brooklyn, New York. He extracted and purified the petroleum jelly, creating a stable, translucent product. He began manufacturing and selling it in 1870 under the name Vaseline. The name is widely believed to combine the German word "Wasser" (water) and the Greek word "elaion" (oil), though Chesebrough never confirmed this derivation.
Chesebrough patented the process in 1872. He marketed Vaseline as a medicinal product for cuts, burns, and skin irritation. The product gained rapid acceptance. Chesebrough reportedly ate a spoonful of Vaseline every day and lived to age 96, though this anecdote is more folklore than verified medical history.
The Chesebrough Manufacturing Company grew throughout the late 19th and early 20th centuries. Vaseline petroleum jelly became a household staple in the United States and was exported internationally. The brand expanded into international markets, particularly in regions where Unilever had strong distribution networks.
In 1955, Chesebrough Manufacturing Company merged with Pond's Extract Company, creating Chesebrough-Pond's. The combined company was acquired by Unilever in 1987. The acquisition brought both Vaseline and Pond's into Unilever's portfolio.
Under Unilever's ownership, Vaseline expanded far beyond its original petroleum jelly product. The brand added body lotions, intensive care creams, lip therapy products, cleansers, and specialized healing formulations. This product diversification transformed Vaseline from a single-product brand into a broader skincare line.
Vaseline crossed the 1 billion euro annual sales milestone in the early 2020s. The brand has delivered double-digit growth for three consecutive years through 2025, making it one of Unilever's strongest performers. In 2026, Vaseline launched the Gluta-Hya Lip Serum Gloss, a premium lip care product that contributed to continued double-digit growth in the first half of the year. The brand was also a prominent presence during the FIFA World Cup 2026, where Unilever was the official personal care partner.
What does Unilever own?
As of April 2026, Unilever owns a portfolio of over 400 brands across four business groups: Beauty and Wellbeing (Dove, Vaseline, TRESemme, Pond's), Personal Care (Axe/Lynx, Rexona/Sure, Lux, Lifebuoy, Close Up), Home Care (Domestos, Cif, Surf, Omo, Comfort), and Nutrition (Knorr, Hellmann's, pending transfer to McCormick upon deal close). Unilever no longer owns ice cream brands (Magnum, Walls, Ben & Jerry's, Breyers) following the 2025 Ice Cream demerger. The March 31, 2026 McCormick combination, expected to close mid-2027, will transfer Hellmann's, Knorr, Frank's RedHot, French's, Cholula, and Maille to the expanded McCormick entity. The company also owns approximately 61% of Hindustan Unilever Limited, a publicly listed subsidiary in India.
Is Unilever publicly traded?
Yes, Unilever plc is listed on the London Stock Exchange under ticker ULVR and on Euronext Amsterdam under ticker UNA. American Depositary Receipts are listed on the New York Stock Exchange under ticker UL. The company does not have a controlling shareholder, and its shares are held primarily by institutional investors. Unilever simplified its dual-listed structure in 2020, consolidating its legal headquarters in the United Kingdom.
Who founded Unilever?
Unilever was formed in 1929 through the merger of Lever Brothers, a British soap company founded by William Hesketh Lever in 1885, and Margarine Unie, a Dutch margarine producer formed through the merger of the Jurgens and Van den Bergh companies in 1927. The founders of the predecessor companies include William Lever, James Darcy Lever, Antonius Johannes Jurgens, and Samuel van den Bergh.
Where is Unilever headquartered?
Unilever is headquartered in London, United Kingdom. The company's registered office and principal executive offices are located in London. Unilever simplified its dual-listed structure in 2020, consolidating its legal headquarters in the United Kingdom and ending the separate Unilever N.V. Dutch entity. The company's shares continue to trade on both the London Stock Exchange and Euronext Amsterdam.
How many brands does Unilever own?
Unilever currently owns over 400 brands across Beauty and Wellbeing, Personal Care, Home Care, and Nutrition. Following the completion of the McCormick Foods combination (expected mid-2027), Unilever's portfolio will narrow to its HPC brands, with the largest being Dove, Axe/Lynx, Rexona/Sure, Vaseline, Domestos, Cif, Surf, and Omo. The company's food brands (Hellmann's, Knorr) are included in the McCormick deal and will transfer upon close.
Who owns Unilever?
Unilever plc is a publicly traded company with no controlling shareholder. The company's shares are held primarily by institutional investors including major asset managers and index funds. No single shareholder holds a majority stake in Unilever. Fernando Fernandez serves as CEO, having been appointed in March 2025 following the departure of Hein Schumacher. The company's board includes a majority of independent non-executive directors.
Vaseline's sustainability practices are governed by Unilever's corporate sustainability framework. Unilever does not hold B Corp certification. Vaseline does not have independent sustainability certifications specific to the brand.
Unilever has set a target to reduce virgin plastic use by 30% by 2026 and 40% by 2028 from a 2019 baseline. Vaseline contributes to these targets through packaging redesign and increased use of recycled materials. In 2024, Unilever achieved 93% of its goal to collect and process more plastic packaging than it sells.
Vaseline petroleum jelly is a petroleum-derived product, which has drawn scrutiny from environmental groups concerned about the sustainability of petroleum-based ingredients in personal care. Unilever has explored alternative formulations but has not replaced petroleum jelly in the core product, as no alternative matches its specific occlusive and healing properties.
Unilever's supplier code of conduct includes a Living Wage Promise requiring suppliers to assess and address living wage gaps. The company supported over 80,000 smallholder farmers through livelihood programs in 2024. Vaseline's supply chain benefits from these programs, though the brand's primary ingredient (petroleum jelly) is not an agricultural product.
Vaseline is not certified cruelty free by Leaping Bunny or PETA. Unilever has stated that it does not test products on animals where alternative methods are available and legally accepted, but the company sells in markets like China where animal testing may be required by regulation. This disqualifies the brand from most independent cruelty-free certifications.
Vaseline products are not vegan certified, as some formulations may contain animal-derived ingredients such as glycerin or lanolin. The original petroleum jelly itself is mineral-based and does not contain animal ingredients.
Petroleum-Based Ingredient Scrutiny: Vaseline's core product is derived from petroleum, which has drawn criticism from some environmental and clean beauty advocates. Concerns have been raised about the environmental footprint of petroleum extraction and processing, as well as potential contamination with polycyclic aromatic hydrocarbons (PAHs). Unilever maintains that its purification process meets pharmaceutical-grade standards and that Vaseline petroleum jelly is safe for topical use. Regulatory agencies including the U.S. Food and Drug Administration and the European Commission have approved highly refined petroleum jelly for cosmetic use.
Cruelty-Free Status: Vaseline is not certified cruelty free by Leaping Bunny or PETA because Unilever sells products in markets where animal testing is required by law. This has drawn criticism from some consumer advocacy groups. Unilever has invested in developing alternative testing methods and advocates for the global acceptance of non-animal testing approaches.
No Major Product Recalls: As of August 2026, there are no significant product recalls for Vaseline products listed with the U.S. Food and Drug Administration or the European Commission's Safety Gate rapid alert system. The brand has maintained a strong safety record throughout its 150-plus year history.
Unilever Sustainability Pledge Adjustments: In 2025, Unilever adjusted several sustainability commitments, including scaling back its plastic reduction targets from 50% by 2025 to 30% by 2026 and 40% by 2028. Environmental groups criticized the changes as a step backward. Unilever stated that the revised targets were more realistic and achievable while still representing meaningful progress.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Unilever | United Kingdom | 1957 | Mass market | Global | Womens | |
| Unilever | United Kingdom | 1846 | Mass market | Global | Womens | |
| Clorox | USA | 1984 | Mass market | United states | Unisex | |
| Procter Gamble | USA | 1952 | Mass market | Global | Unisex | |
| Unilever | United Kingdom | 1983 | Mid market | Global | Mens | |
| Unilever | Netherlands | 1967 | Mass market | Global | Unisex |
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Market Positioning: Vaseline competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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