McCormick & Co. Inc. (NYSE: MKC) has acquired Botanical Food Co. Pty. Ltd., seller of chilled packaged herbs under the Gourmet Garden brand, for $114 million.
McCormick, based in Sparks, Maryland, makes and sells spices, seasoning mixes and condiments to retailers, food manufacturers and food service businesses. With Botanical Food’s Gourmet Garden brand, McCormick plans to increase sales by expanding distribution globally and building awareness for the brand. Botanical Food is based in Australia, with $53 million in annual sales. McCormick has annual sales of $4.3 billion.