By Peter Evans
LONDON-- Unilever PLC said on Monday it would buy U.K. beauty company REN Ltd. for an undisclosed fee, furthering its shift away from food and into personal-care products.
Unilever said the deal would close in May, subject to regulatory approval. REN's skin-care products are sold in 50 countries, including the U.S., often at premium prices.
Unilever has in recent years moved its focus away from food brands in favor of beauty and...