Private company
Who owns McCormick de Mexico
One company in the researched set discloses a stake in McCormick de Mexico, none of it sized by anyone who discloses it. McCormick de Mexico is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
McCormick de Mexico - Profile
- Type
- joint venture
- Based in
- Mexico
- Founded
- 1947
McCormick de Mexico is a Mexican food manufacturer established in 1947 as a joint venture between McCormick and Company and the Mexican food group Grupo Herdez. It makes and sells mayonnaise, spices and seasonings, mustard, marmalades, hot sauce and tea under the McCormick brand in Mexico, and its best known product is Mayonesa con Jugo de Limones, a lime flavoured mayonnaise that is a staple of Mexican home cooking. Mayonnaise is the largest part of the business and the company holds a dominant share of that category in Mexico. McCormick contributes brand, category management and product development practice, while Grupo Herdez has historically contributed Mexican manufacturing, distribution and retail reach. Annual net sales run at roughly 810 million dollars.
Source
McCormick de Mexico files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from McCormick to grow Mexican mayo sales with majority stake in Herdez JV, McCormick Buying More of McCormick de Mexico from Grupo Herdez and McCormick reaches deal to expand condiments business in Latin America. The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- McCormick & Company, Incorporated. Prior to 2 Jan 2026 McCormick held a 50% equity-method interest in McCormick de Mexico (its largest unconsolidated joint venture, historically ~93-95% of the income McCormick reported from unconsolidated operations, per the FY2025 10-K Note 4). On 2 Jan 2026 McCormick paid Grupo Herdez $750.0 million cash for an additional 25% interest, taking ownership to a 75% controlling interest that is now fully consolidated (10-Q for the period ended 31 May 2026, Note 2, Mergers and Acquisitions). At the acquisition date the previously-held 50% interest was remeasured to a fair value of $1,008.0 million (implying roughly $2.0 billion for 100% of the entity at that date), producing an $866.8 million pre-tax/after-tax gain recorded in Income from unconsolidated operations; the fair value assigned to the 25% noncontrolling interest retained by Grupo Herdez was $504.3 million. Because the entity is now consolidated rather than reported as a separate equity-method investment, no current standalone market value is disclosed, so value_usd is left null rather than modelled forward from the Jan 2026 remeasurement. sourcesource 2
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of McCormick de Mexico where a holder stated one, and are missing where no holder did.