LA HISTORIA DE McCORMICK | CRACKS PODCAST

17 Oct 2024 · 8 min
7:34

This is a transcript of a Cracks Podcast episode in which Héctor Hernández-Pons Torres recounts the origins and growth of McCormick in Mexico through a long-running joint venture with Grupo Herdes. Key points: Hector’s grandfather befriended Charles P. McCormick and launched McCormick de México (a 50/50 joint venture, born from a handshake); product development in Mexico produced mayonnaise (a recipe tweak: added a "chorrito de limón"), jam and mustard; mayonnaise became a market leader by sometimes substituting for crema in areas without refrigeration; the JV emphasizes transparency, open books, independent management, periodic McCormick personnel involvement, and has persisted ~76 years. The transcript also notes other, shorter-lived JVs that ended due to corporate divestitures or scale issues.

Questions this video answers

50% Macromegan (McCormick Company) and 50% Grupo Herdes.

Approximately 76 years.

Héctor’s grandfather, who befriended Charles P. McCormick and developed products locally (e.g., mayonnaise).

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