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 […]
McCormick & Company, a US-based producer of flavor, seasonings, and spices, has revealed plans of opening its northeast distribution center in the Tradepoint Atlantic Industrial Park in Sparrows Point, Maryland. According to the US food company, the 1.8 million square foot leased facility will considerably boost its capacity to cope up with the increasing demand […]