Unilever Might Need to Seek Other Options for Marmite -- Market Talk
Dow Jones03-20 18:32
1032 GMT - With Unilever in talks to separate its food business and combine it with McCormick, Marmite might be disposed of another way, says AJ Bell's Dan Coatsworth. "There is a real chance that McCormick might not want Marmite longer term," he says, adding that it doesn't fit into McCormick's portfolio. The spread is more niche outside the U.K., South Africa or Australia, he adds. Meanwhile, McCormick is likely primarily interested in sauces and spices from Unilever, including Knorr seasonings and Hellmann's Mayonnaise. However, Unilever could consider Associated British Foods, Kraft Heinz or Premier Foods as logical buyers for Marmite. Shares are up 0.8% at 46.09 pounds. (aimee.look@wsj.com)
(END) Dow Jones Newswires
March 20, 2026 06:32 ET (10:32 GMT)
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