Acquisition History / McCormick & Company, Incorporated / McCormick de Mexico (additional 25% interest, to 75%)
McCormick & Company, Incorporated Acquires McCormick de Mexico (additional 25% interest, to 75%)
Announced January 2, 2026 — $750M
What happened
McCormick completed the acquisition of an additional 25% ownership interest in McCormick de Mexico from Grupo Herdez, increasing its stake to 75% and taking majority control. The $750M purchase price was funded with cash on hand and commercial paper.
- Target
- McCormick de Mexico (additional 25% interest, to 75%)
- Announced
- January 2, 2026
- Price
- $750M
- Industry
- Condiments and flavor
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did McCormick & Company, Incorporated acquire McCormick de Mexico (additional 25% interest, to 75%)?
McCormick & Company, Incorporated acquired McCormick de Mexico (additional 25% interest, to 75%) on January 2, 2026. This was McCormick & Company, Incorporated's 1st publicly tracked acquisition out of 1 we have on record.
How much did McCormick & Company, Incorporated pay for McCormick de Mexico (additional 25% interest, to 75%)?
McCormick & Company, Incorporated paid $750M for McCormick de Mexico (additional 25% interest, to 75%).
What does McCormick de Mexico (additional 25% interest, to 75%) do?
McCormick completed the acquisition of an additional 25% ownership interest in McCormick de Mexico from Grupo Herdez, increasing its stake to 75% and taking majority control. The $750M purchase price was funded with cash on hand and commercial paper.
What other Condiments and flavor companies has McCormick & Company, Incorporated acquired?
McCormick de Mexico (additional 25% interest, to 75%) is McCormick & Company, Incorporated's only publicly tracked acquisition in Condiments and flavor so far.