YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
McCormick & Co. penned an agreement to purchase hot sauce maker Cholula.
The deal is valued at $800 million. The seller is L Catterton, a private equity firm that's owned the brand since 2019.
Cholula is slated to join McCormick brands including French’s yellow mustard, Old Bay seasoning and Thai Kitchen products.
Read more from The Wall Street Journal.
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