MKC · News · 20260806N

Acquisition / Partnership / Divestiture

MCCORMICK & CO INC · 2026-08-06 · 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

• Quantinno Capital Management LP reduced its stake in McCormick by 33.5% in the first quarter, selling 69,053 shares and retaining 137,166 shares valued at $6.9 million. source