McCormick to acquire Mexican hot sauce brand Cholula Hot Sauce
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 […]