PDA

View Full Version : Someone buys a chalupa for $800 million!!



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!

--

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/

Kathianne
11-24-2020, 05:39 PM
:laugh2:
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!

--

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



Rest - https://dailycaller.com/2020/11/24/massive-spice-company-buys-makers-famous-hot-sauce-brand-800-million-mccormick-cholula/
:laugh2:

jimnyc
11-24-2020, 05:42 PM
That's what John calls my Chihuahua, who's name is Porter. He calls him a little chalupa. The dog always wants to bite him as John likes to tease him. And always ends up getting bit, and that little bastard hurts when he nips ya!

SassyLady
11-24-2020, 10:54 PM
I use Chalupa on just about everything. Always have extra in pantry.

tailfins
11-25-2020, 02:35 PM
McCormick will screw it up, just like anything else that gets corporatized. McCormick owns Stubb's barbecue sauce which had a side effect of hobbling Stubb's ability to open more restaurants. That means that Stubb's can't expand beyond its original location in downtown Austin. It's just another rendition of the "Kentucky Fried Chicken" effect, now KFC which stands for Krappy Flavorless Chicken. It sure ain't the product that Minnie Pearl promoted.


https://www.youtube.com/watch?v=cF4ph_gKcpI

hjmick
11-25-2020, 03:07 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!

--

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



Rest - https://dailycaller.com/2020/11/24/massive-spice-company-buys-makers-famous-hot-sauce-brand-800-million-mccormick-cholula/



Some of the best hot sauce on the market. I use it on a myriad of dishes.

Kathianne
11-25-2020, 03:22 PM
Some of the best hot sauce on the market. I use it on a myriad of dishes.
LOL! I have opened one in fridge, new one in pantry. Good stuff.