McCormick & Co. is nearing a deal to buy hot-sauce maker Cholula, according to people familiar with the matter, seeking to capitalize on demand for spicy condiments.
The seasonings company is discussing a deal with L Catterton, the private-equity firm that has owned Cholula since 2019, that would value it at around $800 million, the people said.
Noooooooooooo
Well.....that's hot!
If they mess with it, McCormick will be boycotted into oblivion. Don’t try to fix what ain’t broke!
McCormick was a solid stay at home stock. It’s also splitting this week.
basilnsage I wouldn’t dip my condom into that stuff.. that’s a terrible idea..
McCormick proves once again it can corner the market for mediocrity.
They better keep the wood cap.
Hmmm... but will they keep the integrity of the sauce or change it?
TMFJMo is somewhere salivating at this deal.
There goes the barrio! 😡
Seems M&A activity is heating up.
ElYucateco ahem
They had to sell, sales went way down when it was discovered that they donated to that Imbecile TRUMP!
I thought it was going to read they were ready to close on purchasing Tabasco
Congrats McGershmick !!!
Cholula over Tapatio all day!
Bold move to monopolize the mediocre sauce industry.
Having strong concern on the implications and outcome of this news made me feel old.
This reminds me. I need to replenish on the Cholula.
Yucateca. Cholula is vinegar for sissies.
'Condiments? I don't use those things!'
Carjack says Cholula will soon come in a more expensive, smaller bottle
Cholula is so good
Well, I don’t know what all the hype is about but Melinda’s hot sauce is better tasting and spicier. Especially the Melinda s xxx
Cholula is 🔥🔥🔥 that’s a smart acquisition.
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