MCCORMICK & CO INC acquired Brand Aromatics for $62.4 million, a transaction completed in March 2015, structured as all cash.
Brand Aromatics operates in Flavor Solutions (Industrial) - Savory flavors, is based in United States. Brand Aromatics is a privately held U.S. company that supplies natural savory flavors, marinades, and broth and stock concentrates to the packaged food industry.
Its addition expands the breadth of value-added products in McCormick's industrial segment.
Expands the breadth of value-added products in McCormick's industrial segment. McCormick industrial / Flavor Solutions segment
On March 9, 2015, we acquired 100% of the shares of Brand Aromatics, a privately held company located in the U.S. Brand Aromatics is a supplier of natural savory flavors, marinades, and broth and stock concentrates to the packaged food industry. Its addition expands the breadth of value-added products in our industrial segment. The purchase price for Brand Aromatics was $62.4 million, net of post-closing adjustments.McCormick FY2015 10-K, business acquisitions note
Advisory firms were not disclosed for this transaction.