Latest McCormick & Company News & Updates

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McCormick & Company (McCormick)

Global flavor, seasoning, and spice manufacturer

mccormickcorporation.com
Headquarters
Hunt Valley, United States
Founded year
1889
Company type
Public company
Number of employees
10,000+

Last updated

Latest news about McCormick & Company (McCormick)

In short: McCormick announced a $65 billion merger with Unilever's Foods business and acquired a majority stake in McCormick de Mexico to expand globally.

Company announcements

McCormick

McCormick announces combination with Unilever's Foods business

The deal creates a $20 billion global flavor leader. Unilever shareholders receive 65% equity and $15.7 billion cash. Expected $600 million annual cost synergies by year 3.

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Media coverage

Yahoo Finance

...Industry Merger Just Rewrote the Entire Bear Case Against McCormick: Why It’s the Ultimate Defensive Asset

The bear case on McCormick (NYSE:MKC) had been a familiar story of input-cost pressure and a...

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