Heinz finalizes Benedicta acquisition
August 08, 2008
by FoodBusinessNews.net Staff
PARIS — The H.J. Heinz Co. has completed the acquisition of Benedicta, a French manufacturer of table top sauces, mayonnaises and salad dressings.
Financial terms of the transaction were not disclosed.
"The acquisition of Benedicta fits perfectly into Heinz’s global strategy to focus its portfolio on three attractive categories — Ketchup & Sauces, Infant/Nutrition and Meals & Snacks (including baked beans, soups and pasta meals)," said Roel van Neerbos, president of Heinz Continental Europe. "Benedicta will strengthen Heinz’s sauces business in France, and we have exciting plans for the business."