McCormick & Co. has acquired a majority stake in its Mexican joint venture from Grupo Herdez for $750 million, expanding its ...

The spice giant will become the majority owner of a joint venture in Mexico as it sees strong demand for mayonnaise.

With the deal, McCormick will have a controlling interest in a joint venture it started in Mexico more than 75 years ago.

McCormick is paying $750 million to take control of McCormick de Mexico, a joint venture formed in 1947 with Grupo Herdez. McCormick on Thursday said it will acquire an additional 25% interest in the ...

McCormick said on Thursday it will raise its stake in its Mexico joint venture to 75% by acquiring 25% more for $750 million ...

The American company is paying $750 million for an additional 25% of the joint venture the two companies formed in 1947.

Pure Protein, a subsidiary of sports and nutrition company 1440 Foods, has partnered with Post Holdings, Inc. and McCormick & Co., Inc. to launch three new brand mashups. Two of these products, Fruity ...

One media attorney finds it problematic that members of the media who are not U.S. citizens are barred from covering an event ...

McCormick said on Thursday it will raise its stake in its Mexico joint venture to 75% by acquiring 25% more for $750 million ...