jimnyc
11-24-2020, 05:31 PM
At least what I thought I saw on a quick glance. :)
Still, who would have thought it had so much value? And hell, I've never heard of them before. Then again, I stay away from all that hot shit!
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McCormick & Company Buys Makers Of Famous Hot Sauce Brand ‘Cholula’ For $800 Million
Spice maker McCormick & Company is buying hot sauce brand Cholula’s parent company for $800 million, the company said Tuesday according to a Reuters report.
McCormick is buying the hot sauce maker from the private equity firm L Catterton, according to the report. They are likely looking to take advantage of increased demand for their products as more people cook at home during the coronavirus pandemic
Cholula is bringing the heat to more consumers’ pantries amid the pandemic and McCormick has taken notice. The spice maker is buying the hot sauce brand in an $800 million deal. https://t.co/gT3aLJ1qGL
— AP Business News (@APBusiness) November 24, 2020
Rest - https://dailycaller.com/2020/11/24/massive-spice-company-buys-makers-famous-hot-sauce-brand-800-million-mccormick-cholula/
Still, who would have thought it had so much value? And hell, I've never heard of them before. Then again, I stay away from all that hot shit!
--
McCormick & Company Buys Makers Of Famous Hot Sauce Brand ‘Cholula’ For $800 Million
Spice maker McCormick & Company is buying hot sauce brand Cholula’s parent company for $800 million, the company said Tuesday according to a Reuters report.
McCormick is buying the hot sauce maker from the private equity firm L Catterton, according to the report. They are likely looking to take advantage of increased demand for their products as more people cook at home during the coronavirus pandemic
Cholula is bringing the heat to more consumers’ pantries amid the pandemic and McCormick has taken notice. The spice maker is buying the hot sauce brand in an $800 million deal. https://t.co/gT3aLJ1qGL
— AP Business News (@APBusiness) November 24, 2020
Rest - https://dailycaller.com/2020/11/24/massive-spice-company-buys-makers-famous-hot-sauce-brand-800-million-mccormick-cholula/