
Paul L. Caron
Dean
Pepperdine Caruso
School of Law

On March 31, 2026, Unilever PLC announced the combination of its foods division (Foods) with McCormick & Company. The deal would unite brands such as Knorr (bouillon), Hellmann’s (mayonnaise), and Marmite (yeast extract) with McCormick’s popular spice and condiment lines—a “global flavor powerhouse.” Although food company mega-mergers have a checkered history, some prognosticators are bullish