Divestiture closed
McCormick acquires French's and Frank's RedHot (2017)
McCormick completed the acquisition of French's and Frank's RedHot on 17 August 2017 for $4.2 billion, buying from Reckitt.[1]
McCormick bought French's mustard and Frank's RedHot from Reckitt Benckiser, which had inherited the food business through Reckitt & Colman and was selling it to fund its purchase of Mead Johnson. It was McCormick's largest acquisition.
Deal facts
- Announced
- Closed
- Value
- $4.2 billion (enterprise value)
- Buyer
- McCormick
- Seller
- Reckitt
- Assets
- French's, Frank's RedHot
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| McCormick | French's | owns | 100% | 2017-08-17 | present |
| McCormick | Frank's RedHot | owns | 100% | 2017-08-17 | present |
| Reckitt | French's | owns | 100% | 1999-12-07 | 2017-08-17 |
| Reckitt | Frank's RedHot | owns | 100% | 1999-12-07 | 2017-08-17 |
Who owns these brands today?
- French's — owned by McCormick since 2017
- Frank's RedHot — owned by McCormick since 2017
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] McCormick & Company Annual Report on Form 10-K — SEC EDGAR, SEC Form 10-K; retrieved 6 September 2026.
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