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Without Hellman's, Knorr and other food brands, Unilever becomes the second‑largest beauty and personal care business in the world.
March 31, 2026
By: Melissa Meisel
Unilever has entered into an agreement to combine its foods business with McCormick & Company. To purchase most of Unilever Foods’ portfolio, McCormick will pay $15.7 billion. Unilever shareholders will own 55.1% of the combined company, while Unilever will hold a 9.9% stake, said reports. Over time, Unilever intends to sell down its stake. With the sale, the Happi International Top 30 Company will become more nimble and influential in the household and personal care industries. ...
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