Unilever merges food unit with Mccormick

[rjchurch47]

$65B food manufacturer being created.

Unilever, McCormick strike deal to create $65 billion food giant

 

[Morning Glory]

LONDON, March 31 (Reuters) - Unilever (ULVR.L), opens new tab will merge its food business with spice maker McCormick (MKC.N), opens new tab, it said on Tuesday, creating a company worth around $65 billion in the second-largest food transaction in history.

Source: Unilever, McCormick strike deal to create $65 billion food giant

(My bold) so what is the first largest food transaction, I wonder?

 

[rjchurch47]

Source: Unilever, McCormick strike deal to create $65 billion food giant

(My bold) so what is the first largest food transaction, I wonder?

The merger of Heinz & Kraft Foods is thought to be the largest. I guess it depends how "size" is measured.

 

[karadekoolaid]

Probably something to do with Nestlé, or Kraft.

 

[karadekoolaid]

I worked in Kraft/Phillip Morris in the 90s. Great place to work, lovely people in general, but the focus was always on how to make as much money as possible. (Which I suppose is logical if you run a company).
I met some of the top executives while I worked there. Their knowledge of finance, economics and marketing was really scary, astounding; they seemed to have a handle on every available business in the world.

 

[karadekoolaid]

Yes - brilliant minds, as sharp as razors, and no mercy. I'd probably associate them with the most efficient predators in the animal kingdom - crocodiles, lions, preying mantis, etc.