Kraft Heinz

Company

Last mentioned: Mar 20, 2026

Timeline

  1. McCormick Confirmation

    Unilever officially confirms it is in discussions with McCormick & Co. for the sale of its food assets.

  2. Market Reaction

    Shares of both companies trade actively as investors weigh the strategic benefits of the potential divestiture.

  3. Kraft Heinz Rumors

    Reports emerge that Unilever held preliminary talks with Kraft Heinz regarding a food business merger.

Stories mentioning Kraft Heinz 1

markets Neutral

Unilever and McCormick in High-Stakes Talks Over Iconic Food Portfolio

Unilever Plc has confirmed it is in active discussions to divest its global food business to McCormick & Co., a move that would include the sale of the multi-billion dollar Hellmann's brand. The potential transaction signals a definitive pivot for Unilever toward its high-margin beauty and personal care segments.

2 sources