M&A Deal Summary

McCormick Acquires Brand Aromatics

On March 9, 2015, McCormick acquired food company Brand Aromatics for 63M USD

Acquisition Highlights
  • This is McCormick’s 10th transaction in the Food sector.
  • This is McCormick’s 12th largest (disclosed) transaction.
  • This is McCormick’s 3rd transaction in the United States.
  • This is McCormick’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2015-03-09
Target Brand Aromatics
Sector Food
Buyer(s) McCormick
Deal Type Add-on Acquisition
Deal Value 63M USD

Target

Brand Aromatics

Lakewood, New Jersey, United States
Brand Aromatics, Inc. is a provider of natural savory flavors, marinades, and broth and stock concentrates to the packaged food industry.

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Buyer(S) 1

Buyer

McCormick

Hunt Valley, Maryland, United States

Category Company
Founded 1889
Sector Food
Employees13,800
Revenue 6.7B USD (2023)
DESCRIPTION

McCormick manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry retail outlets, food manufacturers and food services businesses in more than 125 countries and territories. McCormick was founded in 1889 and is based in Hunt Valley, Maryland.


DEAL STATS #
Overall 10 of 16
Sector (Food) 10 of 16
Type (Add-on Acquisition) 7 of 12
State (New Jersey) 1 of 2
Country (United States) 3 of 6
Year (2015) 2 of 3
Size (of disclosed) 12 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-20 Drogheria E Alimentari

Firenze, Italy

Drogheria E Alimentari SPA is a food manufacturer specialties in spices and colonial products.

Buy €85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-20 One World Foods

Austin, Texas, United States

One World Foods, Inc. (dba Stubb's Legendary Kitchen) is a provider of premium barbeque sauce brand in the U.S. Stubb's products include marinades, rubs and skillet sauces.

Buy $100M