[8-K] McCormick & Company, Incorporated Non-VTG CS Reports Material Event

Rhea-AI Filing Summary

McCormick & Company disclosed in an Item 7.01 filing that it signed a definitive agreement to acquire an additional 25% ownership interest in McCormick de Mexico S.A. de C.V., a joint venture formed in 1947, from Grupo Herdez for $750 million. The company furnished a press release dated August 21, 2025 titled "McCormick Advances Flavor Leadership in Mexico" as Exhibit 99.1 to this Form 8-K. The filing states the Item 7.01 disclosure and attached press release are furnished and not "filed" for purposes of the Securities Act or incorporated by reference into other filings. No financial statements, pro forma financial information, payment timing, or closing conditions are included in the provided text.

Insights

M&A Specialist

TL;DR: McCormick agreed to buy an additional 25% of its Mexican joint venture for $750M, a material ownership change in a long‑standing JV.

The agreement increases McCormick's stake in McCormick de Mexico S.A. de C.V., a joint venture established in 1947, for a stated purchase price of $750 million. This is a clear, material transaction given the absolute dollar amount and represents a consolidation of ownership in a legacy JV partner. The filing furnished a press release as Exhibit 99.1 but does not include supporting financial statements, timing, or closing conditions in the disclosed excerpt. Investors will need supplemental filings or disclosures to assess accounting treatment, funding source, and expected impact on consolidated results.

Corporate Governance Expert

TL;DR: The company publicly furnished a press release announcing a definitive agreement to increase JV ownership, with limited accompanying disclosure in the 8-K text.

The 8-K furnishes a press release describing a definitive agreement to acquire an additional 25% of the Mexican joint venture from Grupo Herdez for $750 million. The filing explicitly states the Item 7.01 information and Exhibit 99.1 are furnished only and not "filed," which can limit incorporation into other SEC submissions. The excerpt does not disclose approvals, closing conditions, or how the transaction will be reflected in McCormick's financial statements, leaving governance and disclosure implications incomplete in this filing alone.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the SECURITIES EXCHANGE ACT OF 1934

_______________________

Date of Report (Date of earliest event reported):

August 21, 2025

McCormick & Company, Inc.

(Exact name of registrant as specified in its charter)

Maryland			001-14920			52-0408290
(State or other jurisdiction			(Commission			(IRS Employer
of incorporation)			File Number)			Identification No.)
24 Schilling Road			Suite 1
Hunt Valley			MD			21031
(Address of principal executive offices)						(Zip Code)

Registrant's telephone number, including area code:

410 771-7301

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b).

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock			MKC.V			New York Stock Exchange
Common Stock Non-Voting			MKC			New York Stock Exchange

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure .

The following information is being furnished under Item 7.01 of Form 8-K: Press Release, dated August 21, 2025 announcing that the Registrant has signed a definitive agreement with Grupo Herdez to acquire an additional 25% ownership interest in McCormick de Mexico S.A. de C.V., a joint venture formed in 1947, for $750 million. Furnished with this 8-K as Exhibit 99.1 is a copy of the press release labeled " McCormick Advances Flavor Leadership in Mexico."

The information in this Item 7.01, including Exhibit 99.1 attached hereto, (i) is furnished pursuant to Item 7.01 and shall not be deemed "filed" for any purpose; and (ii) shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language is such filing.

Item 9.01: Financial Statements and Exhibits

(d) Exhibits.

Exhibit Number			Description
99.1			Press Release
104			Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			McCORMICK & COMPANY, INCORPORATED
Date: August 21, 2025			By:						/s/    Jeffery D. Schwartz
									Jeffery D. Schwartz
									Vice President, General Counsel & Secretary