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The $42 Billion Food Fight

  • 7 hours ago
  • 1 min read

NEW YORK — In a massive move that’s shaking up the pantry, McCormick has officially moved to buy Unilever’s food business for a staggering $42 billion. The deal, which was finalized earlier this month, is one of the biggest we’ve seen in the consumer goods space in years.


By picking up Unilever’s food labels, McCormick is looking to move beyond the spice rack and become a dominant force in the entire grocery store. It’s a bold bet at a time when global supply chains are still shaky and inflation is making shoppers more picky. If this goes through the final regulatory hoops, the way your favorite condiments and snacks are made and sold could look very different by next year.

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