The completion of the agreement is expected to occur in mid-2013 subject to regulatory approval.
WAPC manufactures and markets DaQiao and ChuShiLe brand bouillon products, which have a position in the central region of China. These products complement McCormick’s current portfolio of flavour products in China that include spices, seasoning blends and sauces.
McCormick has agreed to acquire the company for approximately approximately $141m.
Source: McCormick & Company
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