$ULVR (-4,52 %) is now divesting itself of the $MICC (-4,17 %) the food business.
The food division is being merged with McCormick $MKC (-1,42 %) to form a ~€20 billion food giant.
Unilever thus develops into a pure Home & Personal Care player, with sales of €40 billion and an operating margin of ~20%.
With the planned demerger in mid-2027, Unilever shareholders will receive pro rata shares in the combined food company with McCormick. At the same time, Unilever is strategically focusing more clearly on the higher-growth and more attractive margin segments.
Unilever Press Release: https://www.unilever.com/news/press-and-media/press-releases/2026/unilever-announces-the-combination-of-unilever-foods-with-mccormick/
