MKC · News · 20260805N

Acquisition / Partnership / Divestiture

MCCORMICK & CO INC · 2026-08-05 · Importance 68 · Surprise 58

McCormick’s second-quarter performance benefited from the McCormick de México acquisition, which was identified as a source of growth. The company is also described as having a pending $44.8 billion acquisition of Unilever Foods. The proposed Unilever Foods transaction is expected to add leading brands and expand distribution, with projected mid- to high-teens EPS accretion by the third year after closing.

Key facts

• Martin Capital Partners LLC reduced its stake in McCormick by 45.5% in the second quarter, selling 57,989 shares and retaining 69,325 shares valued at $3.5 million. source
• The Seeking Alpha piece identified the McCormick de México acquisition as a driver of Q2 2026 results. source