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McCormick acquires Unilever's Food Business for $45B

PUBLIC · MKCMar 31, 2026

Acquiring Company

McCormick & Company

Acquired Company

Unilever

Hunt ValleyLondonManufacturingFood and BeverageAgriculture and FarmingFood And BeverageHospitalityRetailFood ProcessingManufacturingFood and BeverageConsumer GoodsRetailLogistics

Description

McCormick has agreed to acquire Unilever's food business in a nearly $45 billion deal. This transformative acquisition will create a global flavor powerhouse, combining McCormick's spices and condiments with Unilever's iconic food brands. The merger is expected to close by the middle of next year and aims for significant cost savings and enhanced growth.

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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Frequently asked

Who acquired Unilever?

Unilever was acquired by McCormick & Company, based in Hunt Valley. The deal was reported on March 31, 2026. McCormick & Company is a global leader in manufacturing, marketing, and distributing spices, seasonings, condiments, and other flavoring products. McCormick & Company is publicly traded (MKC) and operates in Manufacturing.

When did McCormick & Company acquire Unilever?

McCormick & Company's acquisition of Unilever was reported on March 31, 2026. McCormick has agreed to acquire Unilever's food business in a nearly $45 billion deal. This transformative acquisition will create a global flavor powerhouse, combining McCormick's spices and condiments with Unilever's iconic food brands. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Unilever do?

Unilever Foods is part of Unilever, a multinational company focused on consumer goods. The foods division offers a wide range of products, including sauces, dressing, and frozen food. It is publicly traded (UL), operating in Manufacturing, and is based in London.

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