WASHINGTON (dpa-AFX) - McCormick & Co Inc (MKC), a maker of spices and related products for the food industry, on Monday said it acquired Brand Aromatics for $63 million in cash. McCormick expects the deal to expand the breadth of value-added products in its industrial business.
Brand Aromatics, a privately held company based in New Jersey, is a supplier of natural savory flavors, marinades, and broth and stock concentrates to the packaged food industry. The company had annual sales of $28 million in 2014.
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