M&A Deal Summary

McCormick and Grupo Herdez Acquire McCormick

On January 1, 1947, McCormick and Grupo Herdez acquired food company McCormick

Acquisition Highlights
  • This is McCormick’s 1st and Grupo Herdez’s 1st transaction in the Food sector.
  • This is McCormick’s 1st and Grupo Herdez’s 1st transaction in Mexico.

M&A Deal Summary

Date 1947-01-01
Target McCormick
Sector Food
Buyer(s) McCormick
Grupo Herdez
Deal Type Joint Venture

Target

McCormick

Ciudad de Mexico, Mexico
McCormick is a food manufacturing company engaged in the production, marketing, and distribution of condiments, sauces, seasonings, and other specialty food products. McCormick was founded in 1947 and is based in Ciudad de Mexico, Mexico.

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Buyer(S) 2

Buyer

McCormick

Hunt Valley, Maryland, United States

Category Company
Founded 1889
Sector Food
Employees14,100
Revenue 6.7B USD (2024)
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 1 of 17
Sector: Food M&A 1 of 17
Type: Joint Venture M&A Deals 1 of 2
Country: Mexico M&A 1 of 2
Year: 1947 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-31 Eridania Beghin-Say - Ducros Business

France

Eridania Beghin-Say - Ducros Business is a provider of spices and herbs, and dessert aid products.

Buy $379M
Buyer

Grupo Herdez

Mexico City, Mexico

Category Company
Founded 1914
Sector Food
Employees10,799
Revenue 37.4B MXN (2024)
DESCRIPTION

Grupo Herdez is a manufacturer and marketer of canned and packed food products. Grupo Herdez was founded in 1914 and is based in Mexico City, Mexico.


DEAL STATS #
Overall 1 of 2
Sector: Food M&A 1 of 2
Type: Joint Venture M&A Deals 1 of 1
Country: Mexico M&A 1 of 2
Year: 1947 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-02 Helados Nestle - NESTLÉ México S.A. de C.V.

Mexico

Helados Nestle - NESTLÉ México, S.A. de C.V. is an ice cream manufacturer located in Mexico.

Buy -