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

PUBLIC · MKCMar 20, 20265 months ago

Acquiring Company

McCormick & Company

Acquired Company

Unilever Foods

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

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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Predictive Intelligence
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M&A Insights

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Frequently asked

Who acquired Unilever Foods?

Unilever Foods was acquired by McCormick & Company, based in Hunt Valley. The deal was reported on March 20, 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 Foods?

McCormick & Company's acquisition of Unilever Foods was reported on March 20, 2026. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Unilever Foods 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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