McCormick to combine with Unilever's food business
- Location
- 🇺🇸 USA / United Kingdom / Netherlands
- Sector
- Food
- Organisations
- McCormick ↔ Unilever Foods (Knorr, Hellmann's)
- Transaction
- Combination (Unilever side to hold 65%)
- Volume
- US$15.7bn cash payment to Unilever
- Status
- announced
McCormick is combining its business with Unilever's food division, whose brands include Knorr and Hellmann's; Unilever and its shareholders will then hold 65% of the new group, and Unilever also receives US$15.7bn in cash. Completion is planned by mid-2027 (Fortune, 31 March 2026; second source: Unilever, 31 March 2026).
Source: fortune.com ↗ · Archived copy ↗
Further sources: unilever.com ↗ (Archived copy ↗)
Evidence: 2 independent sources · archived copy saved · How well sourced is Eurotrack?
More from: 🇺🇸 USA · 🇬🇧 United Kingdom · 🇳🇱 Netherlands