Unilever is in discussions with McCormick & Company regarding its food business, including brands like Hellmann’s mayonnaise and Marmite. The potential deal could significantly reshape the Anglo-Dutch consumer goods company.
The talks involve combining Unilever’s food division with the US-based spice and seasoning maker. This move follows last year’s spin-off of Unilever’s ice-cream division, which included Ben & Jerry’s, Magnum, and Wall’s.
Unilever is aiming to concentrate on higher-growth areas such as beauty, personal care, and home products under its new leadership. If an agreement is reached, the company will further prioritize these sectors.