March 20 (Reuters) - Unilever ( UL ) is in talks to sell its foods business to smaller rival McCormick & Company ( MKC ), a potential deal that would unite the British company's Hellmann's and Knorr brands with the U.S. spice maker's Cholula hot sauce.

The deal talks come months after the consumer goods giant spun-off its Magnum Ice Cream Company division, as part of efforts to focus on its personal care and beauty businesses.

Here's a breakdown of the two food businesses' major brands and sales:

UNILEVER FOOD BUSINESS MCCORMICK

Market Value Enterprise value of $14.51 billion,

about $34.71 billion, according to LSEG

according to Barclays data

estimates

Popular brands Knorr soups and Cholula hot sauce,

spices, Hellmann's French's condiments

mayonnaise and and sauces, Frank's

condiments, Horlicks RedHot sauces,

drink mixes, Colman's Stubb's sauces and

mustard, Marmite marinades

spread, Maille

mustard, Kissan sauces

and jams, Bovril beef

extract

Latest annual 12.93 billion euros $6.84 billion

revenue ($14.96 billion)

Latest annual 2.75 billion euros $1.07 billion

profit

Major markets Products of parent Brands sold in over

sold in over 190 170 countries

countries including including U.S.,

Nigeria, India, China, Canada, China,

U.S., Canada, UK, India

France

Operations and The conglomerate has Across 29 countries

offices offices across 119

locations worldwide

with no breakdown of

Foods only locations

Major plants and Burton in the UK, Maryland and

facilities Cochin in India Louisiana in the

U.S., Shanghai in

China

Here's how the businesses' leadership and strategies look like:

UNILEVER FOOD BUSINESS MCCORMICK

Leadership Heiko Schipper, Foods Michael A. Conway,

Business Group CEO

President

Business model Does not have segments Operates via two

within food unit but segments- Consumer

the cooking aids and and Flavor Solutions

condiments categories

drive a chunk of

sales. Other offerings

include Mini Meals,

and Unilever Food

Solutions.

Shareholder Activist shareholder None

activism in the Nelson Peltz revealed

past few years a stake in parent

Unilever ( UL ) in 2022,

pushing for

streamlining at foods

unit operations

Acquisitions and Parent spun-off Ice Bought Reckitt

disposals cream brand Magnum and Benckiser's food

sold non-core food unit in 2017,

assets including snack Cholula Hot Sauce in

brand Graze and 2020

plant-based meat brand

The Vegetarian Butcher

in 2025. It has cut

product assortment by

25% since 2019.

(SOURCES: Reuters stories, companies' annual reports and websites)

($1 = 0.8643 euros)

(Reporting by Prerna Bedi in Bengaluru; Editing by Devika Syamnath)