The food industry’s top M&As, divestments and manoeuvres of 2026

From McCormick’s Unilever Food merger plans to Ingredion’s Tate & Lyle takeover, what have been this year’s biggest business shake-ups?

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Food companies are prioritising wellness and protein, this year’s acquisitions suggest, while divestitures by FMCG conglomerates and specialty chemicals players highlight a trend towards streamlining.    

To date, 2026 has seen some major names take a step back from food. March closed with the announcement that Unilever and McCormick & Company had inked an agreement to combine the Unilever Foods business with McCormick. 


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