McCormick

town in McCormick County, Sotuh Carolina

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McCormick acquires Unilever's food division for $29.1 billion
business Mar 31, 2026, 2:00 AM
McCormick acquires Unilever's food division for $29.1 billion
  • In March 2026, McCormick confirmed its acquisition of Unilever's food division, valued at $29.1 billion.
  • Unilever shareholders will own 65% of the new combined company, while McCormick shareholders will retain 35%.
  • This transition aligns with Unilever's strategy to focus on beauty and personal care products, demonstrating a shift in their corporate structure.
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Unilever explores merger with McCormick for food division
business Mar 20, 2026, 10:11 AM
Unilever explores merger with McCormick for food division
  • Unilever is in negotiations with McCormick regarding a possible merger of its food division.
  • The talks follow a Wall Street Journal report, indicating a potential spin-off of Unilever's food business.
  • The merger could allow both Unilever and McCormick to strengthen their market positions and product lines.
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