Unilever PLC (LSE:ULVR) is in discussions to separate its food business and combine it with McCormick & Company Inc (NYSE:MKC) in a potential all-stock transaction, according to a Wall Street Journal report. Both companies confirmed the talks on Friday, a day after the Journal first reported the development, while cautioning that negotiations are ongoing and no agreement has been finalized.
The consumer-goods company has been making efforts to focus on its beauty and well-being products
Unilever PLC (LSE:ULVR), the FTSE 100 consumer goods giant, has confirmed it is in discussions with McCormick & Company about selling its foods division, in a deal that could reshape one of Britain's largest companies. The London-based group said it had received an inbound offer and is now in active talks, while cautioning that no agreement has been reached.
Hellmann's mayonnaise maker Unilever said on Friday it has received an offer for its foods business and is in discussions with McCormick & Company Inc.
The remaining Unilever company would focus on beauty, personal-care products and home.
Unilever shares were down on Thursday, extending losses from Wednesday after a report the company may spin off its food business, and had held merger talks with Kraft Heinz that have ended.
Unilever PLC (LSE:ULVR) is reportedly considering a separation of its foods division, including brands such as Marmite, Hellman's and Knorr, but analysts say that while an exit makes strategic sense as a medium-term goal, now is not the right time and would bring challenges that should not be underestimated. Barclays analyst Warren Ackerman called the Bloomberg report "not that helpful," warning it risks distracting management when delivering 2026 targets "needs to be front and centre.
Unilever (NYSE:UL) reported full-year 2025 results on February 12, while Kimberly-Clark (NYSE:KMB) dropped Q4 2025 numbers on January 27.
Unilever (NYSE: UL) reported full-year 2025 results on January 22, 2026, while McCormick (NYSE: MKC) closed out its fiscal year the same day.
44 Wealth Management LLC increased its stake in shares of Unilever PLC (NYSE: UL) by 212.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,813 shares of the company's stock after acquiring an additional 28,415 shares during the quarter. 44
Unilever (UL) is considering changes to how it pays its top leadership as the consumer goods group looks to better reward strong performance and potentially att
Unilever PLC (UL) Q4 2025 Earnings Call Transcript