McCormick & Company announced that it reached a deal to acquire the iconic hot sauce brand Cholula Hot Sauce for $800 million.
Cholula’s History: Cholula first launched in the U.S. in Austin, Texas in 1989 and expanded across the U.S. the following year at grocery stores. Today, the hot sauce is readily available at most grocery stores nationwide and generates…………
Sources include:
popon.net
benzinga.com
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