McCormick acquires Unilever's food division for $29.1 billion

Mar 31, 2026, 2:00 AM10

(Update: Mar 31, 2026, 2:00 AM)

McCormick

town in McCormick County, Sotuh Carolina

Unilever

British multinational consumer goods company

Knorr

German food and beverage brand

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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.

McCormick

town in McCormick County, Sotuh Carolina

Unilever

British multinational consumer goods company

Knorr

German food and beverage brand

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