Investors Trust McCormick Again; Should They?
In the late 2010s, among major, mature manufacturers, spice maker McCormick was far and away the most expensive stock in the packaged food space.
Tag: Cholula
McCormick Enters New Year on Acquisition Spree
McCormick & Company, which manufactures spices, seasoning mixes, and more for a large swath of the food industry, has worked feverishly in recent months to strengthen and diversify its business through strategic acquisitions. In particular, …
McCormick Gets Spicy with Cholula Acquisition
McCormick will buy hot sauce maker Cholula for $800 million, reported CNBC (Nov. 24). The company, which already owns the Frank’s RedHot and Old Bay hot sauce brands, reported an 8% sales increase its latest …