BRIEF-Mccormick Advances Flavor Leadership In Mexico-March 2024-www.financetom.com

BRIEF-Mccormick Advances Flavor Leadership In Mexico

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BRIEF-Mccormick Advances Flavor Leadership In Mexico

Aug 21, 2025 4:36 AM

Aug 21 (Reuters) - McCormick & Company Inc ( MKC ):

* MCCORMICK ADVANCES FLAVOR LEADERSHIP IN MEXICO

* MCCORMICK & COMPANY INC ( MKC ) - SIGNS AGREEMENT TO ACQUIRE

CONTROLLING

INTEREST IN MCCORMICK DE MEXICO

* MCCORMICK & COMPANY INC ( MKC ) - TO ACQUIRE AN ADDITIONAL 25%

OWNERSHIP

INTEREST IN MCCORMICK DE MEXICO FOR $750 MILLION

* MCCORMICK & COMPANY INC ( MKC ) - ACQUISITION WILL INCREASE

MCCORMICK'S

OWNERSHIP IN IN MCCORMICK DE MEXICO TO 75%

* MCCORMICK & COMPANY INC ( MKC ): DEAL WILL BE FINANCED WITH A

COMBINATION OF CASH ON HAND AND DEBT

* MCCORMICK & COMPANY ( MKC ): EXPECTS NET SALES, ADJUSTED OPERATING

MARGIN, & ADJUSTED EPS ACCRETION IN FIRST YEAR

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