Unilever announces that its food business will merge with McCormick

LightningPacketLoss · 2026-04-02T19:36:39+00:00

Unilever has reached an agreement to merge its food business (excluding India and certain divested operations) with McCormick. Unilever and its shareholders will hold a 65% stake and receive $15.7 billion in cash.

LightningPacketLoss

2026-04-02 19:36:39

Abstract generation in progress

On March 31, Unilever said in a post on its official website that Unilever and Mizhumei have reached an agreement to merge Unilever’s food business (excluding India and other divested businesses) with Mizhumei. Unilever and its shareholders will collectively receive shares equivalent to 65.0% of the fully diluted share capital of the combined company. At the time the transaction is completed, Unilever will also receive a cash payment of $15.7 billion.

（Corporate website）

(Edited by: Wang Can, Lin Chen)

Key words:

                                                            Food
                                                            Unilever

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.