Overview
- Grupo Herdez will retain a 25% interest and continue providing sales and distribution services through its subsidiaries.
- The companies expect closing in early 2026 subject to customary conditions.
- Herdez shares jumped roughly 25%–31% on the Mexican exchange after the announcement, triggering a brief trading suspension.
- McCormick de México generated $892 million in sales and $185 million in EBITDA in the 12 months ended June 30, 2025, according to Herdez’s consolidated results.
- Company statements say the rebalanced partnership positions McCormick de México to deepen its product lineup in Mexico and pursue additional regional opportunities.