McCormick buys additional 25% stake in McCormick de Mexico for $750M

McCormick & Co. announced it is paying Grupo Herdez $750 million for an additional 25% ownership interest in McCormick de Mexico, a joint venture formed in 1947. This increases McCormick's ownership to 75%.

“McCormick & Co. today announced it's paying Grupo Herdez $750 million for an additional 25% ownership interest in McCormick de Mexico”foodprocessing.com

• 1 source
• foodprocessing.comMcCormick Buying More of McCormick de Mexico from Grupo Herdez | Food ProcessingDave FusaroAug 21, 2025

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