Brind.
  1. McCormick & Company explored acquiring Duke's mayonnaise while maintaining a partnership structure in a Mexican joint venture.

Grupo Herdez sold a chunk of its shares in McCormick de Mexico, allowing McCormick to expand its ownership stake.

1 report, 1 independent Updated Aug 21
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What happened

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Grupo Herdez sold a chunk of its shares in McCormick de Mexico, allowing McCormick to expand its ownership stake.

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Coverage

Newest first; wire copies grouped
  • Just FoodMcCormick buys majority of Herdez JV in Mexico McCormick & Co. is to pay $750m to become the majority shareholder in the US group’s venture in Mexico with Grupo Herdez. The companies set up McCormick