Thursday, March 31, 2016

What McCormick's play for Premier Foods says about its acquisition strategy

While British regulations prevent McCormick & Co. Inc. from saying much about its ongoing bid to buy the United Kingdom’s Premier Foods plc, the attempted acquisition says a lot about a change in strategy at the Sparks-based spice maker. McCormick (NYSE: MKC) has spread around the world through acquisitions and new ventures. Now it thinks it’s time to bulk up in the countries where it’s established itself. “A great deal of the effort in the last seven or eight years has gone into adding new markets,"…



from http://www.bizjournals.com/baltimore/news/2016/03/31/what-mccormicks-play-forpremier-foods-says-about.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/142025045672

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