Labor Relations

Unilever PLC’s McCormick Food Deal Hits Fresh Labor Snag as Q1 Update Nears

Unilever PLC’s McCormick Food Deal Hits Fresh Labor Snag as Q1 Update Nears

Unilever’s European employee representatives are demanding binding job protections in the planned $44.8 billion merger of its foods business with McCormick, raising concerns ahead of the deal’s expected mid-2027 close. The works council, representing about 20,000 staff, wants guarantees similar to those secured in the 2025 Magnum spin-off, exceeding minimum legal requirements.
April 23, 2026