Heinz exits ethnic
- Published: 01 February, 2006
Page 5
Heinz has sold the ethnic foods business of its recent acquisition HP Foods to Associated British Foods, in line with its focus on: ketchup, condiments and sauces; meals and snacks; and infant nutrition. The size of the deal has not been disclosed. The deal has been struck while Heinz's £470m purchase of HP is still being scrutinised by the Competition Commission.
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