RB Foods acquired by McCormick & Company, Incorporated

Acquisition of RB Foods by McCormick & Company, Incorporated.

$2,320.0 million relates to the French’s, Frank’s RedHot and Cattlemen’s brand names and trademarks, recognized as part of our acquisition of RB Foods in August 2017

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

$2,320.0 million relates to the French’s, Frank’s RedHot and Cattlemen’s brand names and trademarks, recognized as part of our acquisition of RB Foods in August 2017, that we group for purposes of our impairment analysis;

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

Acquisition of RB Foods by McCormick & Company, Incorporated.

In August 2017, we completed the acquisition of Reckitt Benckiser's Food Division (RB Foods) from Reckitt Benckiser Group plc.

The purchase price was approximately $4.2 billion.

Our credit ratings were downgraded following our financing of the acquisition of RB Foods in August 2017 and any reduction in our credit ratings may limit our ability to borrow at interest rates consistent with the interest rates that were available to us prior to that acquisition and the related financing transactions.

On August 17, 2017, we acquired Reckitt Benckiser's Food Division (RB Foods) for approximately $4.2 billion.

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

Acquisition of RB Foods by McCormick & Company, Incorporated.