Kurzius Lawrence Erik sold $10.8M of MKC

Unilever reported €50.5B in 2025 turnover, demerged its ice cream business, and agreed to merge its food business with McCormick. The company is focusing on beauty, personal care, and home care, with CEO Fernando Fernandez leading the shift. Unilever guided to 4-6% underlying sales growth for 2026, with Power Brands accounting for 78% of 2025 turnover.

McCormick raised its FY2026 inflation forecast to 7%, citing freight and logistics costs due to the Iran war. The FAO food price index hit its highest since 2022. Food safety confidence in the U.S. fell to a record low of 65%. McCormick's $44.8B Unilever acquisition cleared FTC review, and Sargento acquired La Terra Fina.

McCormick's acquisition of Unilever's food business cleared U.S. antitrust review early. The UK's competition authority is still reviewing the deal. McCormick and Unilever aim to combine their sauces, seasonings, and spices portfolios.

McCormick's $44.8B acquisition of Unilever's food business cleared US antitrust review, but awaits UK approval. The deal would create a $65B 'flavor-led' powerhouse, combining brands like Hellmann's and Frank's RedHot. Shares fell post-announcement due to tax structure concerns and industry merger history. UK's CMA is reviewing the deal, with a Phase 1 decision due Nov. 11. Sen.

McCormick & Co. raised its fiscal 2026 inflation forecast to 7%, citing higher freight, logistics, and input costs, according to CFO Marcos Gabriel. The company expects margin compression in Q4 due to higher commodity and freight costs, with inflation persisting into fiscal 2027. McCormick's pricing strategies and productivity initiatives offset some cost increases, leading to a 22.1% increase in adjusted operating income for Q3.

Unilever and McCormick have received early termination of the US premerger waiting period for their proposed combination of Unilever’s foods business with McCormick, according to the Federal Trade Commission.