MCCORMICK & CO INC acquired Zatarain's for $180 million, structured as Acquisition.
Zatarain's operates in Consumer, is based in United States. McCormick acquired the Zatarain's business, the leading New Orleans-style food brand in the U.S. (seasonings, rice mixes and seafood boils), from Citigroup Venture Capital and other investors.
Adds a leading regional/ethnic flavor brand to McCormick's U.S. consumer portfolio.
Advisory firms were not disclosed for this transaction.