A new giant in the condiment aisle is emerging. McCormick & Company will combine with Unilever’s food business, creating a multibillion-dollar group under the McCormick name. The deal marks Unilever’s exit from the food industry and brings together popular brands like French’s mustard, Stubb’s barbecue sauce, Hellmann’s mayonnaise, and Knorr seasonings. The expected completion date is mid-2024.
Source: https://www.nytimes.com/2026/03/31/business/mccormick-unilever-food-aquisition.html