McCormick & Co. (MKC) Acquires Italy's Giotti for ~$127M
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McCormick Announces Acquisition of Enrico Giotti SpA
November 29, 2016 8:15 AM ESTSPARKS, Md., Nov. 29, 2016 /PRNewswire/ --Â McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that it has agreed to acquire 100% of the shares of Enrico Giotti SpA (Giotti), a leading Italian flavor manufacturer located in Florence, Italy.
Giotti is well known in the industry for its innovative beverage, sweet, savory and dairy flavor applications. Annual sales are... More