Unilever and McCormick & Co. have decided to look for a buyer for the UK group's Colman's mustard.
Ahead of the planned deal to combine the bulk of Unilever's food business with McCormick, the Colman's brand is going on the block.
"A decision has been taken to market the Colman's brand and **** ets to potential buyers in order to proactively seek to address potential competition concerns from the planned combination of Unilever Foods and McCormick," the FMCG giant said in a statement today (27 August).
The companies announced their transaction, which valued the Unilever food **** ets at around $44.8bn, in March.
The deal will house Unilever brands including Knorr and **** mann's with McCormick products such as Schwartz spices and French's mustard.
#planned #Food #Potential #ahead
Ahead of the planned deal to combine the bulk of Unilever's food business with McCormick, the Colman's brand is going on the block.
"A decision has been taken to market the Colman's brand and **** ets to potential buyers in order to proactively seek to address potential competition concerns from the planned combination of Unilever Foods and McCormick," the FMCG giant said in a statement today (27 August).
The companies announced their transaction, which valued the Unilever food **** ets at around $44.8bn, in March.
The deal will house Unilever brands including Knorr and **** mann's with McCormick products such as Schwartz spices and French's mustard.
#planned #Food #Potential #ahead
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