McCormick (NYSE: MKC) is a publicly listed company headquartered in Hunt Valley, Maryland, United States that owns 8 consumer brands, and has 2 recorded transactions.[1][2]
McCormick was founded in a Baltimore cellar in 1889 by an 25-year-old selling flavouring extracts door to door, and is now the largest spice and seasoning company in the world. About half its revenue comes from supplying flavour to food manufacturers and restaurants rather than from its consumer brands.
What McCormick's annual report says about its business
Read from McCormick's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
Consumer, Flavor Solutions: We manage our business in two operating segments, Consumer and Flavor Solutions, as described in Item 1 of this report.
Acquisitions and disposals named in the filing
Acquired: McCormick de Mexico (January 2, 2026), $750 million. On January 2, 2026, we completed the purchase of an additional 25% ownership interest in McCormick de Mexico. The purchase price was $750 million, which increased our ownership to a 75% controlling interest.
Acquired: an additional 25% ownership interest in McCormick de Mexico (January 2, 2026), $750 million. On January 2, 2026 we acquired an additional 25% ownership interest in McCormick de Mexico for a purchase price of $750 million, which increased our ownership to a 75% controlling interest.
Acquired: Jurado. The increase in CCC in 2025 from 2024 was primarily due to an increase in our days in inventory as a result of inventory management including the impacts of strategic forward purchases and inventory acquired in conjunction with the Jurado acquisition.
McCormick in numbers
McCormick owns 8 consumer brands tracked here across 1 top-level categories; the largest is food with 8 brands.[1]
1 recorded acquisitions, 1 of them completed since 2015; disclosed US-dollar deal values total $4.2 billion.
2 of its brands originated outside United States.
McCormick financial history
Headline figures from McCormick's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025.
Revenue moved from $5.6bn to $6.84bn, an average of 4.1% a year (calculated).
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Who owns the shares of McCormick
Holders of more than 5% of the voting shares, as listed in McCormick's proxy statement filed 18 February 2026. Shareholdings change daily; this is the position the filing reports.
Holder
Shares
Share of class
Lawrence E. Kurzius
2,040,881
12.4%
McCormick 401(k) Retirement Plan
1,809,713
12.2%
Everything McCormick owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Unilever agreed to combine its Foods business, home of Knorr and Hellmann's, with McCormick in a Reverse Morris Trust: Unilever would receive $15.7 billion in cash, and Unilever and its shareholders would own 65 per cent of the combined company with McCormick's existing holders owning 35 per cent. McCormick valued Unilever Foods at an enterprise value of about $44.8 billion. It would be the largest reshaping of Unilever since the ice cream demerger, leaving it a beauty, personal care and home care company.
McCormick bought French's mustard and Frank's RedHot from Reckitt Benckiser, which had inherited the food business through Reckitt & Colman and was selling it to fund its purchase of Mead Johnson. It was McCormick's largest acquisition.
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
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