McCormick (MKC) snaps up Chinese spice firm Wuhan Asia-Pacific Condiments for ~$141M in a sale...

|About: McCormick & Company, Inc. (MKC)|By:, SA News Editor

McCormick (MKC) snaps up Chinese spice firm Wuhan Asia-Pacific Condiments for ~$141M in a sale expected to close in the middle of 2013. The key to the acquisition is the ability to broaden the reach of bouillon products deep into China, according to the company.