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McCormick to acquire Unilever Foods in deal

PUBLIC · MKCNov 04, 2026

Acquiring Company

McCormick

Acquired Company

Unilever Foods

Hunt ValleyGreater LondonManufacturingFood and BeverageAgriculture and FarmingFood And BeverageHospitalityRetailFood ProcessingFood and BeverageHospitalityRetailFood Processing

Description

McCormick and Unilever announced an agreement to combine McCormick with Unilever's Foods business, including Knorr and Hellmann's. Unilever shareholders and McCormick shareholders will own 65% and 35% of the combined company, respectively, and Unilever will receive $15.7 billion in cash. The transaction is expected to close by mid-2027, pending shareholder and regulatory approvals.

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Company Information

Company

McCormick

Location

24 Schilling Road

Hunt Valley, Maryland, United States

About

McCormick & Company, Incorporated is a global leader in flavor. With over $6 billion in annual sales across 170 countries and territories, we manufacture, market, and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including e-commerce channels, grocery, 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 and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick. Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided by our principles and committed to our Purpose – To Stand Together for the Future of Flavor. McCormick envisions A World United by Flavor where healthy, sustainable and delicious go hand in hand. To learn more, visit www.mccormickcorporation.com or follow McCormick & Company on Twitter, Instagram and LinkedIn.

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Frequently asked

Who acquired Unilever Foods?

Unilever Foods was acquired by McCormick, based in Hunt Valley. The deal was reported on November 4, 2026. McCormick & Company, Incorporated is a global leader in flavor. McCormick is publicly traded (MKC) and operates in Manufacturing.

When did McCormick acquire Unilever Foods?

McCormick's acquisition of Unilever Foods was reported on November 4, 2026. McCormick and Unilever announced an agreement to combine McCormick with Unilever's Foods business, including Knorr and Hellmann's. 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 privately held, operating in Food and Beverage, and is based in Greater London.

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