McCormick spices are displayed in San Anselmo, Calif., on March 28, 2023. Justin Sullivan/Getty ImagesThe first quarter of 2026 marked a renewed wave of megamergers in the food industry, as companies sought scale, efficiency, and synergies to navigate a more challenging global economic environment.The return of large-scale consolidation reflects a broader shift in corporate strategy, as companies respond to persistent cost pressures, slower growth, and changing consumer behavior by pursuing size and operational leverage.Back-to-Back DealsThe trend was highlighted by Sysco’s agreement to acquire Jetro Restaurant Depot for approximately $29.1 billion and by McCormick’s combination with Unilever Foods, valued at about $44.8 billion.
24.2
C
Ottawa
Wednesday, June 10, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS