Unilever plc (UL) announced that it has completed the sale of its Shedd's Country Crock branded chilled side-dish business in the US to Hormel Foods Corporation (HRL). Financial terms were not disclosed.
Ownership of the Shedd's Country Crock trademark and its flagship spreads product range remain with Unilever.
Hormel will market and sell Shedd's Country Crock chilled side-dish products, such as homestyle mashed potatoes, under a license agreement.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.