Confirmed Control Unknown Transaction verified condimentsConsumerhot sauce

Cholula acquired by McCormick & Company, Incorporated

McCormick & Company, Incorporated agreed to acquire Cholula, a condiments brand.

Transaction summary

Target
Cholula
Seller
-
Announced
-
Geography
-
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-10-22
Latest update
2026-10-23

Value and multiples

100% enterprise value

Undisclosed

Value not disclosed

Basis: FundComb estimate

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

-

Period not stated

Basis: FundComb estimate

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Basis

  • Enterprise value is unavailable.

Source summary

McCormick 10-K, filed 2026-01-22

Confirmed

Acquisition of Cholula by McCormick & Company, Incorporated.

Open source

McCormick 10-K, filed 2026-01-22

Confirmed

$380.0 million relates to the Cholula brand names and trademarks associated with the acquisition of Cholula in November 2020

Open source

McCormick 10-K, filed 2026-01-22

Confirmed

McCORMICK & COMPANY, INCORPORATED (Exact name of registrant as specified in its charter)

Open source

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