This isn’t just about mayonnaise—it’s about McCormick securing a scalable platform in Mexico and throughout Latin America. By raising its stake in McCormick de México, the company gains majority control of a revenue leader with deep retail and foodservice penetration while positioning itself for expansion across the region. Plus, we’re likely to see the brand deepen investments south of the border in years to come.


“The power of the brand and the business’s remarkable track record and expertise, combined with our global capabilities, creates additional growth opportunities through category expansion,” said McCormick CEO Brendan 
Foley on a call with investors. He also cited Guatemala and Costa Rica as additional areas to explore distribution.



Just as important, the brand’s presence in Mexico provides a bridge to the U.S. market which, in recent years, has accelerated its interest in authentic Latin American-inspired flavors. By increasing its stake in Mexico, McCormick is also deepening its investments in authentic ingredients and brands.
 


M&A will play a key role in the brand’s growth in Latin America, and this acquisition will help to facilitate that process in a fragmented market, with many of the leading brands closely held by families.