MCCORMICK & CO INC acquires Stubb's (One World Foods, Inc.)
Snapshot
MCCORMICK & CO INC acquired Stubb's (One World Foods, Inc.) for $99.4 million in August 2015. The transaction was structured as all cash. Stubb's (One World Foods, Inc.) is a United States (Austin, Texas)-based Consumer - Barbecue sauces & marinades business.
- Acquirer
- MCCORMICK & CO INC
- Target
- Stubb's (One World Foods, Inc.)
- Value
- $99.4 million
- Date
- August 2015
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
MCCORMICK & CO INC acquired Stubb's (One World Foods, Inc.) for $99.4 million, a transaction completed in August 2015, structured as all cash.
Stubb's (One World Foods, Inc.) operates in Consumer - Barbecue sauces & marinades, is based in United States (Austin, Texas). One World Foods, owner of the Stubb's brand of barbecue products, is a privately held company located in Austin, Texas. Stubb's is the leading premium barbecue sauce brand in the U.S.; products include sauces, marinades, rubs and skillet sauces.
Leading premium U.S. barbecue-sauce brand expanding value-added products in McCormick's consumer segment. McCormick Consumer segment
No advisory firms have been disclosed for this transaction.