Toms Capital Acquires Stake in McCormick
US-based Toms Capital Investment Management has reportedly acquired a significant stake in McCormick, a leading player in the food and beverage industry known for its...
Tag : McCormick & Co.
Unilever confirms talks to sell food assets to McCormick
Amid renewed speculation surrounding the future of Unilever’s food division, the consumer goods giant has confirmed it is in disposal discussions with McCormick & Co....
McCormick Acquires Majority Stake in Herdez Joint Venture in Mexico
McCormick & Co. is set to invest $750 million to increase its stake in the U.S. group’s joint venture in Mexico with Grupo Herdez. Originally...
Private label brands gaining ground over US food volume share
The US food industry continues to see a shift towards private label products over branded consumer foods. According to analysis by US investment bank AllianceBernstein,...
McCormick aims to double down on innovation in efforts to recover volume
McCormick & Co. is set to prioritize innovation as a means to drive volumes, as CEO Brendan Foley recently emphasized the importance of innovation in...