USA: ABF subsidiary completes aquisition of Unilever's Mazola Corn Oil
By just-food.com editorial team | 2 July 2002
Memphis, Tenn.-based ACH Food Companies, a subsidiary of London-based Associated British Foods, has announced the completion of its US$360m purchase of the Mazola branded cooking oil and corn products business of Anglo-Dutch giant Unilever. Through the transaction, ACH has acquired 19 leading consumer brands and their related assets, including Mazola cooking oil; Argo and Kingsford's corn starch; and Karo and Golden Griddle syrups, in the US, Canada and Puerto Rico.
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Memphis, Tenn.-based ACH Food Companies, a subsidiary of London-based Associated British Foods, has announced the completion of its US$360m purchase of the Mazola branded cooking oil and corn products business of Anglo-Dutch giant Unilever. Through the transaction, ACH has acquired 19 leading consumer brands and their related assets, including Mazola cooking oil; Argo and Kingsford's corn starch; and Karo and Golden Griddle syrups, in the US, Canada and Puerto Rico.
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