Unilever in talks to sell food division to spice and sauce maker McCormick
Consumer goods giant considers offloading unit worth tens of billions of dollars as it pivots to beauty and personal care
Consumer goods giant considers offloading unit worth tens of billions of dollars as it pivots to beauty and personal care Grouped from 3 articles across 3 sources.
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Consumer goods giant considers offloading unit worth tens of billions of dollars as it pivots to beauty and personal care
Anglo-Dutch company, which also owns Dove and Hellmann’s, will focus more on personal care products if deal agreed Business live – latest updates Unilever, the owner of Marmite, Dove and Hellmann’s mayonnaise, is in talks to combine its food business with the US-based spice and seasoning maker McCormick. The Anglo-Dutch food company – which last year spun off its ice-cream division , the home to Ben & Jerry’s, Magnum and Wall’s – has entered discussions over the future of the “highly attractive” business. Continue reading...
The move would represent a major shift for the consumer goods giant, which is increasingly focusing on personal care and beauty products under its new chief executive.
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