Every Spin-Off
Unilever Foods + McCormick
AnnouncedEUUnilever's food business (Knorr, Hellmann's and others) combined with McCormick spices; Unilever becomes a pure home and personal care company.
- Status
- Announced
- Expected
- Mid-2027
- Parent
- Unilever (ULVR LN)
- Spin-off ticker
- To be announced
- Listing
- NYSE (McCormick listing; combined company)
- Market
- Europe
Terms
Reverse Morris Trust, intended tax-free for Unilever and its shareholders for US federal tax purposes. Unilever shareholders get 55.1% of the combined McCormick, Unilever keeps 9.9% (to sell no earlier than a year after closing) and receives $15.7bn cash; McCormick holders keep 35.0%. Needs McCormick shareholder and regulatory approvals; completion expected by mid-2027. McCormick stays on the NYSE and plans a secondary European listing.
Key dates
- Deal announced
- Expected completion
Source documents
- Press releaseNot yet published
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- SourcePackaging Europe: Unilever combines food business with McCormick (1 Apr 2026)
- Sourceajbell.co.uk
- Sourcemarketscreener.com
Every Spin-Off research
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