This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
McCormick Acquires Italian Flavor Company for $127 Million
<p style="text-align: left;" dir="ltr">McCormick & Company Inc., has agreed to acquire Enrico Giotti SpA (Giotti), an Italian manufacturer of natural flavors, aromatic herbal extracts and concentrated juices, for US$127 million in cash. The acquisition, expected to close this month, expands the breadth of value-added products for McCormick’s industrial segment including additional expertise in flavoring health and nutrition products. Giotti is known for its innovative beverage, sweet, savory and dairy flavor applications.</p>