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Reckitt Benkiser sells food unit to McCormick
US food group McCormick & Company will buy the foods business of UK consumer goods company Reckitt Benckiser for more than $4bn. RB put the unit up for sale earlier this year as it looks to focus on its core health business, as well as its newly acquired infant nutrition unit. It means iconic brancds including French’s mustard and Frank’s RedHot sauce will now be opened by McCormick.
“The acquisition of RB Foods strengthens McCo