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
Advisory firms were not disclosed for this transaction.