It’s a good time to be in the condiment game. Last July, McCormick & Co. paid $4.2 billion for French’s mustard and other pantry staples from Reckitt Benckiser Group Plc.
Ketchup made headlines, too. In April, Unilever Plc bought the artisanal New York-based ketchup company Sir Kensington’s. At the time, Bloomberg reported the price at around $140 million.