Big CPG Is Quietly Dumping Food

Unilever, IFF, and others are shedding food divisions for faster-growing sectors. Big business exiting food is now a pattern, not a coincidence.

Unilever, IFF, and others are shedding food divisions for faster-growing sectors. Big business exiting food is now a pattern, not a coincidence.

The Unilever foods merger backlash is real: investors are spooked, employees are worried, and the $40bn McCormick deal is under immediate scrutiny.