Unilever in talks to combine food business with McCormick

2026-03-20 - 00:40

Unilever and Kraft Heinz recently held talks on a potential merger of parts of their food businesses. (Unilever pic) LONDON: Unilever is in talks to separate its food business and combine it with spice maker McCormick in an all-stock deal, which could come within weeks, the Wall Street Journal reported yesterday, citing sources. Reuters could not immediately verify the report. The companies did not immediately respond to Reuters requests for comment. Dove soap maker Unilever is weighing a broader separation of ​its food assets, Bloomberg News reported earlier this week, as consumer goods companies grapple with weaker demand for packaged foods amid economic uncertainty. FT reported on Wednesday that Unilever and Kraft Heinz had recently held talks over a potential merger of parts of their food businesses, but the discussions have since ended.