HJ Heinz has agreed to sell a business-to-business ingredients unit in the Netherlands to local firm Exter.
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The deal, agreed for an undisclosed sum, was announced today (27 March) by Exter, which said the acquisition would help it produce savoury ingredients for the food industry.
“The transfer fits in the strategy of both companies where Heinz’s focus will be primarily on the development of leading brands and Exter’s intention is to develop and produce savoury food ingredients to be sold to the food, flavour and seasoning industry,” Exter said.
Officials at Heinz could not be reached for immediate comment.
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