Unilever division president sells around USD1 million stock

Colman's Mustard is up for sale as part of a £48bn merger between Unilever and McCormick. Unilever seeks to address competition concerns by selling the brand, which has never had a foreign owner. McCormick already owns French’s Mustard. Unilever aims to focus on home and personal care products.

Unilever is selling Colman's mustard brand to address competition concerns ahead of its £34b food division merger with McCormick, expected to generate $20b in 2025 revenue. Unilever will receive $15.7b and a 9.9% stake in the new company. No valuation for Colman's has been disclosed yet.

Unilever is selling the Colman's Mustard brand, known for its Norwich factory, ahead of its merger with McCormick. The sale aims to address competition concerns, according to Unilever. The brand has historical ties to the region, dating back to 1814.

Unilever is selling Colman’s Mustard to address potential competition concerns ahead of its £48bn merger with McCormick. The sale, overseen by Rothschild, aims to prevent regulatory issues due to McCormick’s ownership of French’s Mustard. Unilever seeks to clear the deal with UK and US regulators.

Unilever is selling its Colman’s brand to address competition concerns related to its £33 billion food division sale to McCormick. The sale includes brands like Marmite and Knorr, while Unilever focuses on beauty and personal care. Colman’s, a UK mustard leader, is being marketed by Rothschild, with valuation unclear. Unilever shareholders will retain 65% in the new McCormick-Unilever Foods entity.

Unilever is selling its British mustard brand, Colman’s, to address potential regulatory concerns over its merger with McCormick. The merger involves Unilever’s food brands, including Knorr and Hellmann’s, and McCormick’s French’s mustard.