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The Economic Times

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Why is Unilever looking to sell its food business?

In a strategic pivot, Unilever is exploring the sale of its food division to McCormick & Company, a potential match that could fuse popular brands such as Hellmann's and Knorr with McCormick's own beloved Cholula hot sauce. This move reflects Unilever's commitment to refining its business model in response to shifting consumer tastes and competitive pressures.

20 Mar 2026 3:24 pm