Deal

MCCORMICK & CO INC acquires Jurado, Inc.

March 2025 asset purchase ready

Snapshot

MCCORMICK & CO INC acquired Jurado, Inc. for $38.1 million in March 2025. The transaction was structured as all cash. Jurado, Inc. is a United States (Las Cruces, New Mexico)-based Flavor Solutions - Chili mash supply business.

Acquirer
MCCORMICK & CO INC
Target
Jurado, Inc.
Value
$38.1 million
Date
March 2025
Type
asset purchase
Status
ready
01 Scorecard

The deal at a glance

Private-market deal
MCCORMICK & CO INC acquires Jurado, Inc.
Deal value
$38.1 million
Sector
Flavor Solutions - Chili mash supply
Date
March 2025
VectorShift
Made on VectorShift

About this deal

MCCORMICK & CO INC acquired Jurado, Inc. for $38.1 million, a transaction completed in March 2025, structured as all cash. The deal was a asset purchase.

Jurado, Inc. operates in Flavor Solutions - Chili mash supply, is based in United States (Las Cruces, New Mexico). Jurado, Inc. is a supplier of chili mash located in Las Cruces, New Mexico. McCormick purchased substantially all of its assets to secure upstream supply for its hot-sauce and condiment portfolio.

Vertical integration of chili-mash supply supporting the hot-sauce/condiment portfolio. McCormick Flavor Solutions / supply chain

On March 31, 2025, we purchased substantially all of the assets of Jurado, Inc. (Jurado), a supplier of chili mash located in Las Cruces, New Mexico. The purchase price for Jurado was $38.1 million, including $14.3 million associated with a customary purchase price adjustment.
McCormick FY2025 10-K, transaction and integration expenses note
Advisors not disclosed

No advisory firms have been disclosed for this transaction.

Sources Press release Last updated

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