Unilever
Unilever
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UK $120 Billion Consumer Packaged Goods Giant Unilever to Sell & Combine Foods Business with United States Spices & Seasoning Food Company McCormick in Share & Cash Deal for $44.8 Billion ($29.1 Billion McCormick Shares & $15.7 Billion Cash), Unilever Becomes Largest Shareholder of McCormick with 65% Stake, McCormick to Retain Company Name, NYSE Listing & United States Headquarters, Will Setup International Headquarters in Netherlands & Plans Secondary Listing in Europe

5th April 2026 | Hong Kong

UK consumer packaged goods giant Unilever ($120 billion market value) has announced to sell & combine sell foods business with United States spices & seasoning food company McCormick for $44.8 billion ($29.1 billion McCormick shares & $15.7 billion cash).  Unilever will become largest shareholder of McCormick with 65% stake.  McCormick will retain company name, NYSE listing & United States headquarters, and will setup international headquarters in Netherlands & plans for secondary listing in Europe.  In 2026 March, Unilever was reported to be in talks to sell food business ($33 billion valuation) to United States spices & seasoning food company McCormick ($14 billion market value) via merger or exit in all-share deal.  McCormick – McCormick & Company, Incorporated is a global leader in flavor. With approximately $7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French’s, Frank’s RedHot, Stubb’s, OLD BAY, Lawry’s, Zatarain’s, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, Gourmet Garden, FONA and Giotti. The breadth and reach of our portfolio uniquely position us to capitalize on the consumer demand for flavor in every sip and bite, through our products and our customers’ products. We operate in two segments, Consumer and Flavor Solutions, which complement each other and reinforce our differentiation. The scale, insights, and technology that we leverage from both segments are meaningful in driving sustainable growth.  Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is committed to its Purpose – To Make Life More Flavorful – and driven by its Vision – To be the World’s Most Trusted Source of Flavor.  Unilever – Unilever is one of the world’s leading suppliers of Beauty & Wellbeing, Personal Care, Home Care and Foods products, with sales in over 190 countries and products used by 3.7 billion people every day. We have 96,000 employees and generated sales of €50.5 billion in 2025.

“ UK $120 Billion Consumer Packaged Goods Giant Unilever to Sell & Combine Foods Business with United States Spices & Seasoning Food Company McCormick in Share & Cash Deal for $44.8 Billion ($29.1 Billion McCormick Shares & $15.7 Billion Cash), Unilever Becomes Largest Shareholder of McCormick with 65% Stake, McCormick to Retain Company Name, NYSE Listing & United States Headquarters, Will Setup International Headquarters in Netherlands & Plans Secondary Listing in Europe “

 



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UK $133 Billion Consumer Packaged Goods Giant Unilever in Talks to Sell $33 Billion Food Business to United States $14 Billion Spices & Seasoning Food Company McCormick via Merger or Exit in All-Share Deal

Unilever
Unilever

23rd March 2026 – UK consumer packaged goods giant Unilever ($133 billion market value) is reported to be in talks to sell food business ($33 billion valuation) to United States spices & seasoning food company McCormick ($14 billion market value) via merger or exit in all-share deal. 




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