McCormick acquisition of Cholula Hot Sauce : US spice manufacturer McCormick & Company has agreed to acquire Cholula, the parent firm of Mexican hot sauce brand Cholula Hot Sauce from L Catterton, for $800 million in cash. According to McCormick, the products of Cholula Hot Sauce are highly complementary to its existing hot sauce portfolio […]
Consumer-focused private equity firm L Catterton has wrapped up its previously announced acquisition of Mexican hot sauce producer Cholula, the maker of the Cholula hot sauce brand. L Catterton acquisition of Cholula was announced in December 2018. Cholula launched its hot sauce brand in the US in 1989, and currently, it available in six varieties […]
L Catterton acquisition of Cholula : US private equity firm L Catterton has agreed to acquire Mexican hot sauce producer Cholula for an undisclosed price, as per the latest food acquisition news. The name Cholula comes from a 2,500-year-old city in Mexico. Cholula was first introduced to the US in 1989 and has ever since […]