Tasty acquisition for Heinz

US giant Heinz is expected to confirm today that it has bought the maker of HP sauces for €702m.

Tasty acquisition for Heinz

US giant Heinz is expected to confirm today that it has bought the maker of HP sauces for €702m.

The company is understood to have beaten off competition from UK rivals Premier Foods and Associated British Foods to land HP Foods, which also makes sauces under the Lea & Perrins brand.

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