McCormick & Co. to Acquire Additional 25% Stake in McCormick de Mexico JV for $750M
August 22, 2025
McCormick & Co. plans to acquire an additional 25% ownership interest in McCormick de Mexico from joint venture partner Grupo Herdez for $750 million, raising its stake to 75%. The deal is expected to create more growth opportunities in Mexico and serve as a platform for further expansion across Latin America.
- Buyers
- McCormick & Co.
- Targets
- McCormick de Mexico
- Sellers
- Grupo Herdez
- Industry
- Food & Beverage
- Location
- Mexico
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.