On the Record · McCormick
McCormick acquisitions, on the record
The businesses McCormick bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Kitchen Basics businessWord for word“Gain on sale of Kitchen Basics – We exclude the gain realized upon our sale of the Kitchen Basics business in August 2022.” 10-K for 2023 | divestiture | August 2022 | — |
Giotti canning businessWord for word“We anticipate that our volume and product mix will be impacted by the divestiture of our Giotti canning business in the third quarter of last year, and the pruning of low margin businesses.” 10-K for 2023 | divestiture | third quarter of last year | — |
Kohinoor brandWord for word“Special charges for the year ended November 30, 2022 include a $13.6 million gain associated with the sale of the Kohinoor brand name.” 10-K for 2023 | divestiture | — | — |
26% interest in Eastern CondimentsWord for word“Income from sale of unconsolidated operations – We exclude the gain realized upon our sale of an unconsolidated operation in March 2021.” 10-K for 2023 | divestiture | March 2021 | — |
Cholula (parent company of Cholula Hot Sauce)Word for word“Since the beginning of 2018, we have completed two acquisitions, including our December 20, 2020 acquisition of FONA International, LLC and certain of its affiliates (FONA) and our November 30, 2020 acquisition of the parent company of Cholula Hot Sauce ® (Cholula) from L Catterton.” 10-K for 2023 | acquisition | November 30, 2020 | — |
FONA International, LLC and certain of its affiliatesWord for word“Since the beginning of 2018, we have completed two acquisitions, including our December 20, 2020 acquisition of FONA International, LLC and certain of its affiliates (FONA) and our November 30, 2020 acquisition of the parent company of Cholula Hot Sauce ® (Cholula) from L Catterton.” 10-K for 2023 | acquisition | December 20, 2020 | — |
Kohinoor brand nameWord for word“In 2022, we received $95.2 million net cash proceeds from the sale of our Kitchen Basics business and $13.6 million net cash proceeds from the sale of the Kohinoor brand name.” 10-K for 2024 | divestiture | — | $13.6 million net cash proceeds |
FONAWord for word“We exclude certain costs associated with our acquisitions, including our acquisition of FONA in December 2020, and the subsequent integration into the Company.” 10-K for 2024 | acquisition | December 2020 | — |
CholulaWord for word“(ii) $380.0 million relates to the Cholula brand names and trademarks associated with the acquisition of Cholula in November 2020; and (iii) the remaining $343.9 million represents various other brand name assets and trademarks with individual carrying values ranging from $106.4 million to $0.2 million.” 10-K for 2024 | acquisition | November 2020 | — |
| Fiscal year ended | Cash received from selling businesses |
|---|---|
| 2020-11-30 | $0 |
| 2021-11-30 | $0 |
| 2022-11-30 | $95.2 million |
| 2023-11-30 | $1 million |
| 2024-11-30 | $0 |
| 2025-11-30 | $0 |
Deal filings since 2016
- 2026-05-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from McCormick’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-01-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.