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Unilever and McCormick strike deal to form US$20B global food powerhouse
Unilever and McCormick have agreed to combine Unilever’s global Foods business with McCormick, creating a significantly larger, flavor‑focused global food company with around US$20 billion in annual revenue and a portfolio spanning herbs, spices, seasonings, sauces, and condiments. The deal brings together leading brands, such as Knorr, Hellmann’s, French’s, Cholula, and Frank’s. The British multinational is set to reinvent itself as a pure-play home and personal care business following the divestment, focused on higher‑growth, higher‑margin categories like beauty, well-being, and home care. For US-based McCormick, the deal represents an aggressive move to expand its footprint beyond spices into a broader set of food categories and accelerate global growth.Döhler spotlights innovation and trends across clean label, plant-based, and functional nutrition. Stefanie Engel, market segment manager for Food Global, shares how evolving ingredient solutions are helping brands meet demand for natural, health-driven products — and where the biggest opportunities in food and beverages are emerging next.
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