Unilever considers selling food unit after receiving McCormick offer [Yahoo! Finance]
Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL)
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Source: Yahoo! Finance
"Unilever confirms that it has received an inbound offer for its Foods business and is in discussions with McCormick & Company," the British company said in a statement on Friday. "There can be no certainty that any transaction will be agreed," it added. A potential sale would mark a major shift for Unilever, whose brands include Dove soap, Cif surface cleaner and Hellmann's mayonnaise, as it undergoes a wider turnaround to boost its performance. "Unilever sprung to life as talk about selling its food brands intensified. The market has been awash with rumours all week and hearsay has now switched to confirmation, with McCormick named as an interested suitor," said Russ Mould, investment director at AJ Bell. The offer from US-based spices maker McCormick & Company comes as Unilever increasingly prioritises its personal care and beauty divisions under its new chief executive, Fernando Fernandez. In its 2025 full-year results, the company stated that it planned to “focus its por
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- Unilever Food Split Talks With McCormick Reshape Focus And Valuation Gap [Yahoo! Finance]Yahoo! Finance
- Unilever in talks to sell food business to McCormick [Yahoo! Finance]Yahoo! Finance
- ‘It's a shame': US mustard maker in talks to buy Colman's and Marmite [Yahoo! Finance]Yahoo! Finance
- "Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker's Bid For Unilever Food Unit [zero hedge]zero hedge
- Unilever says McCormick has made an offer to buy its food business [Yahoo! Finance]Yahoo! Finance
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Sec Filings
- 3/20/26 - Form 6-K
- 3/20/26 - Form 6-K
- 3/12/26 - Form IRANNOTICE
- UL's page on the SEC website