Public Company Consumer

McCormick

Hunt Valley, Maryland, United States

McCormick manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products for retail outlets, food manufacturers, and foodservice businesses. It is a global flavor company with brands sold in more than 150 countries.

Focus Areas
Spices, seasoning mixes, condiments, Food flavorings and sauces, Herbs, spices and seasonings

Tracked deals

4

4 tracked deals across 2020-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

4 buyout

McCormick Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for McCormick. 2 2020 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • McCormick & Company to Combine with Unilever’s Foods Business in ~$44.8B Transaction
    March 31, 2026
    Buyer
    McCormick & Company, Unilever
    Target
    Unilever Foods business (excluding certain markets and segments)
    Seller
    Unilever and its shareholders
    Industry
    Food & Beverage
    Location
    Maryland, United States
    Type
    Buyout

    McCormick & Company announced an agreement to combine with Unilever’s Foods business (excluding certain markets and segments) in a transaction valued at approximately $44.8 billion. The deal will create a global, flavor-focused company with roughly $20 billion in combined 2025 revenue, with expected annual cost synergies of about $600 million within three years.

  • McCormick & Co. to Acquire Additional 25% Stake in McCormick de Mexico JV for $750M
    August 22, 2025
    Buyer
    McCormick & Co.
    Target
    McCormick de Mexico
    Seller
    Grupo Herdez
    Industry
    Food & Beverage
    Location
    Mexico
    Type
    Buyout

    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.

  • McCormick & Company Acquires FONA International
    December 30, 2020
    Buyer
    McCormick & Company, Incorporated
    Target
    FONA International, LLC
    Seller
    Slawek family
    Industry
    Food & Beverage
    Location
    Illinois, United States
    Type
    Buyout

    McCormick & Company, Inc. agreed to acquire 100% of FONA International, LLC for $710 million in cash. FONA is a privately held manufacturer of clean and natural flavors headquartered in Illinois with approximately $114 million in annual sales and ~220 employees; McCormick said the deal expands its flavor solutions portfolio, technology capabilities and clean/natural offerings and is expected to be accretive to gross margin.

  • McCormick Acquires Cholula Hot Sauce from L Catterton
    November 24, 2020
    Buyer
    McCormick & Company
    Target
    Cholula
    Seller
    L Catterton
    Industry
    Food & Beverage
    Location
    Jalisco, Mexico
    Type
    Buyout

    McCormick & Company agreed to acquire Cholula, a leading hot sauce producer and distributor, from private equity firm L Catterton for $800 million. L Catterton had acquired and transformed Cholula in April 2019, investing behind the brand and commercial capabilities to drive retail and foodservice growth prior to the sale.

Related Acquisition Pages

Food & Beverage Buyers & Acquisitions 4 tracked deals by McCormick. Acquisitions in Illinois 1 tracked deal by McCormick. Acquisitions in Maryland 1 tracked deal by McCormick.

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