Unilever is supporting a London listing for its food division following its sale to McCormick, a US-based flavor company. The move aims to maintain investor access to the business post-sale. McCormick acquired Unilever’s spreads business in 2017 and is now set to finalize the acquisition of the remaining food division. A secondary listing in London would allow UK investors to continue participating in the food division’s performance. Details regarding the timing and structure of the listing are still being finalized. This decision reflects Unilever’s ongoing restructuring efforts and focus on higher-growth areas. The company anticipates the listing will be beneficial for both shareholders and the future of the food division under McCormick’s ownership.

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