Colman's Mustard put up for sale ahead of merger
Summary
Colman's Mustard, a well-known brand originally from Norfolk, has been put up for sale. This sale is part of plans linked to a merger between Unilever and the American food company McCormick, which is valued at about £48 billion.Key Facts
- Colman's Mustard was founded in 1814 in Norfolk by Jeremiah Colman.
- The brand had a factory in Norwich for 160 years before closing in 2020.
- Unilever plans to sell the Colman's brand and assets to avoid competition issues in the merger with McCormick.
- The merger deal between Unilever and McCormick is worth around £48 billion.
- McCormick owns French's, a major mustard brand, and will gain control of brands like Hellmann's, Marmite, Knorr, and Pot Noodle.
- After the Norwich plant closed, production moved to Burton-on-Trent and Germany.
- Unilever will focus on home and personal care products after the merger, keeping brands such as Dove, Persil, and Lynx.
- The former Colman's factory site in Norwich remains empty and is planned for housing development.
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