Grupo Herdez Sells 25% Stake in McCormick de México to McCormick & Company for $750 Million

Reuters
2025.12.04 23:41
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Grupo Herdez has agreed to sell 25% of its shares in McCormick de México to McCormick & Company for $750 million. The transaction is expected to close in early 2026, pending standard conditions. This news was generated by AI and is for informational purposes only.

Grupo Herdez, S.A.B. de C.V. has approved the sale of 25% of its shares in McCormick de México S.A. de C.V. to McCormick & Company, Inc. for $750 million US dollars. The transaction is subject to standard closing conditions and is expected to be completed in early 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. Grupo Herdez SAB de CV published the original content used to generate this news brief on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here