Grupo Herdez announces inauguration of new McCormick plant

Mexico City, Mexico, March 5, 2014 – Grupo Herdez, S.A.B. de C.V. (“Grupo Herdez” or the “Company”) (BMV: Herdez, OTC: GUZBY) as part of its centennial, reiterates its commitment to the economic development and growth of Mexico by inaugurating its new McCormick® mayonnaise plant, located in the State of Mexico, Mexico.

This plant represents an investment of approximately Ps. 560 million in the associated company McCormick de México, S.A. de C.V., and has an installed capacity of 120,000 tons per year distributed between 6 production lines and 4 lines of PET (polyethylene terephthalate) packaging production for our self-consumption. Moreover, these facilities have a water treatment plant and utilize electricity from renewable sources.

It should be noted that this plant replaces the operations of the plant located in Mexico City, increasing installed capacity by 50%. These facilities are located next to the Group’s largest distribution center, which will enable approximate savings of 6% in transportation costs.
“Grupo Herdez is very proud of the growth achieved in association with McCormick & Co., over the past 67 years. The opening of this facility demonstrates our interest as a Company to stay at the forefront of technology, our concern to ensure sustainability and our focus on developing the highest quality products for our consumers,” said Héctor Hernández-Pons Torres, Chairman and CEO of Grupo Herdez.

2020

  • 2020: We launched the first edition of Semillero Nutrisa. Together with Nutrisa and the Victoria147 business academy for women, we invited women entrepreneurs to participate in a training program to improve the management of their businesses and have the potential to become part of our supply chain.

We established our first technological alliance with Google, which will allow us to accelerate the digital transformation of Grupo Herdez through the use of Google Cloud Platform tools such as BigQuery ML, Looker, among others.

Through the Herdez® brand and Aires de Campo® we joined the “Sowing a New Normality” initiative, promoted by the civil society organizations Ríos Tarango and Ectágono, which aims to increase the vegetation cover of the environmentally valuable area Barranca de Tarango.

  • 2021: We developed the Group’s second proprietary e-commerce platform, with the Nutrisa® online store.

We updated the apps through which we manage the loyalty programs of our retail brands, Cielito Querido Café® and Nutrisa®, improving our customers’ in-store experience.

During the year, 15 formulas had their nutritional profile strengthened by reducing some critical added nutrients (sugars, sodium and saturated fats).

  • 2022: We expanded our capabilities into new categories through the acquisition of Interdeli and Deli, Dips & Snacks. Integrating brands such as Libanius, Flaveur, Liguria and Señor Cactus into our portfolio.

We Issued the first sustainability bond through which we
committed to a 25% reduction in our water consumption.

Together with our partner McCormick & Company, Inc. we
brought the most iconic Mexican cuisine to the tables of the United Kingdom
through meal kits, sauces and condiments under the Herdez® brand.
  In less than a year, we obtained a 5.5% shelf
share in the Tesco supermarket chain.

We consolidated the integration of Chilim Balam® into retail brands, a leading brand in the snack segment