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McCormick & Company is in talks to buy Sauer Brands, maker of Duke's mayonnaise, for over $1 billion.
McCormick & Company is reportedly in talks to buy Sauer Brands, known for Duke's mayonnaise and other condiments, for over $1 billion.
If completed, this would be McCormick's largest deal since buying Fona International and Cholula hot sauce maker in 2020.
McCormick recently reported strong third-quarter sales and EPS, and the company's stock has risen over 15% this year, following a buy recommendation from Jim Cramer.
3 Articles
McCormick & Company está en conversaciones para comprar Sauer Brands, fabricante de mayonesa de Duke, por más de $1 mil millones.