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Explainer: Why is Unilever looking to sell its food business?

Unilever is in talks with McCormick & Company about selling its foods business, in a potential deal that would bring together the British company’s Hellmann’s and Knorr brands with McCormick’s Cholula hot ​sauce.

Such a move would mark an acceleration of efforts to reshape Unilever. More than one Unilever CEO ‌has tried to refocus the company’s portfolio by expanding in personal care and beauty, and selling some food brands.
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Source: Reuters | Published: 2026-03-19T15:06:52Z

Credit: Reuters

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