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Spice maker McCormick to combine with Hellmann’s maker Unilever

NEW YORK (AP) — Spice and flavorings company McCormick announced on Tuesday that it’s combining with Unilever’s foods division, which includes brands like Hellmann’s and Knorr.

The merger is the latest in a string of actions in the packaged food sector, as companies contend with inflation and changing consumer tastes. Last year, both Keurig Dr Pepper and Kraft Heinz announced plans to unwind huge mergers, although Kraft later put that plan on hold. Mars recently bought Cheez-It maker Kellanova while Nutella maker Ferrero bought WK Kellogg.

The combined company will maintain McCormick’s name and leadership.

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