McCormick & Company is increasing its ownership stake in McCormick de Mexico by acquiring an additional 25% interest. With this expanded majority ownership, McCormick aims to build on McCormick de Mexico's strong performance by leveraging expertise in category management, innovation, and marketing to drive growth in adjacent categories and expand channel penetration. The company expects the acquisition to contribute positively to net sales, adjusted operating margin, and adjusted earnings per share by 2026. Transaction and integration costs are excluded from these adjusted figures. McCormick will provide further financial guidance, including the impact of the acquisition, during its fourth quarter earnings call in January 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McCormick & Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH55601) on January 02, 2026, and is solely responsible for the information contained therein.
