Heinz to buy French sauce maker Benedicta
July 7, 2008
According to the Associated Press, Ketchup and salad dressing maker H.J. Heinz Co. said recently it plans to buy Paris-based sauce maker Benedicta to grow its sauce business in France.
Financial terms of the deal were not disclosed.
Benedicta makes table-top sauces, mayonnaises and salad dressings. Heinz said Benedicta has about $90 million in sales.