McCormick to acquire Unilever foods unit for $44.8 billion

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Go back to McCormick to acquire Unilever foods unit for $44.8 billion

McCormick to Combine with Unilever's Foods Business, Creating a Preeminent Global Flavor-Focused Company

March 31, 2026 7:56 AM EDT

Combines Complementary, Strategically and Culturally Aligned Businesses with Strong Momentum and Iconic Brands that Meet Consumers' Growing Demand for Flavor

Creates a Growth-Focused, Resilient Company Backed by McCormick's Proven Track Record of Successful Integrations of Iconic Brands

Expected to be Accretive to McCormick's Net Sales Growth Rate, Operating Margin and Adjusted EPS in First Full Year

Expected Annual Run-Rate Cost Synergies of $600 Million Net of Reinvestments; Expect to Achieve by Year 3, with Approximately Two-Thirds by Year 2

$100... More