# 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%.

- Type: Acquisition
- Announced: 2025-08-21
- Where: Mexico
- Value: $750.0M
- Status: announced
- Products: mayonnaise, spices, marmalades, mustard, hot sauce, tea
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [McCormick & Company](https://endata.com/companies/59070.md) (acquirer)
- [Grupo Herdez](https://endata.com/companies/86758.md) (target)
- [McCormick de Mexico](https://endata.com/companies/86759.md) (target)

## Sources

- [foodprocessing.com](https://www.foodprocessing.com/business-of-food-beverage/mergers-acquisitions/news/55311527/mccormick-buying-more-of-mccormick-de-mexico-from-grupo-herdez), 2025-08-21: "McCormick & Co. today announced it's paying Grupo Herdez $750 million for an additional 25% ownership interest in McCormick de Mexico"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.