Heinz has struck a deal to sell a UK baby food plant to new local firm Kendal Nutricare.
The company is to offload its factory in the Cumbrian town of Kendal for an undisclosed sum.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Heinz said the proposed transaction "offers a positive future for the factory and for the 92 people employed at the site".
The plant has had its challenges in recent years. In 2013, Heinz cut 45 jobs at the site, blaming the cost of shipping infant milks to China. At the time, the factory employed 170 staff.
The deal with Kendal Nutricare includes a two-year contract for the new owner to manufacture Heinz infant cereals for the UK market and Heinz infant formula for China.
In a statement, Heinz described Kendal Nutricare as "a newly-formed private company with an experienced management team with specialist expertise in infant formula and dairy processing, raw material suppliers’ network accreditation standards, and international sales".
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataKendal Nutricare is listed online as having been registered in January. Ross McMahon is said to be the company's sole shareholder. He had not returned a request for comment at the time of writing.
