date:Aug 21, 2012
forward to working with them to achieve continued success.
The acquisition is expected to be completed in mid-2013 and is subject to regulatory approval. W.A.P.C. has annual sales of about $115 million. McCormick expects the acquisition to increase earnings per share in 2014 and be fully accretive in 2015. For 2013, the company expects a slightly dilutive impact to earnings per share as the result of integration and financing costs as well as an estimated $4 million in costs related to the compl