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McCormick proposes all-stock takeover of Unilever's food unit

PUBLIC · MKCMar 20, 2026

Acquiring Company

McCormick & Company

Hunt ValleyManufacturingFood and BeverageAgriculture and FarmingFood And BeverageHospitalityRetailFood Processing

Description

Unilever confirmed it is in talks with McCormick for an acquisition of its food business. McCormick has made an all-stock offer for the food segment, allowing Unilever to focus on its personal care products. While discussions are ongoing, Unilever emphasized that no deal has been finalized yet. This move comes as Unilever divests from its food operations, which they have been doing for the past decade.

Company Information

Company

McCormick & Company

Location

Hunt Valley, Maryland, United States

About

McCormick & Company is a global leader in manufacturing, marketing, and distributing spices, seasonings, condiments, and other flavoring products. With annual sales of $6.5 billion, McCormick's popular brands include McCormick, French's, Frank's RedHot, and many more.

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