McCormick to Acquire Cholula Hot Sauce

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HUNT VALLEY, Md. — McCormick & Company Inc. has entered into a definitive agreement to acquire 100 per cent of L Catterton, the parent company of Cholula, for $800 million on a cash free, debt free basis, subject to customary working capital adjustments. “The acquisition of Cholula accelerates McCormick’s growth opportunities within our condiment platform […]

The post McCormick to Acquire Cholula Hot Sauce appeared first on Foodservice and Hospitality Magazine.

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