Condiments maker Heinz has announced it is planning a sale of its frozen ready meals plant in Ireland to The Authentic Food Co.

The proposed deal – an agreement in principle – includes a three-year co-pack arrangement for The Authentic Food Co. to continue to manufacture Weight Watchers from Heinz, Ross and Heinz Big frozen ready meals for Heinz. Heinz said it planned to work closely with the buyer to “further develop the Weight Watchers from Heinz range, in addition to reviewing future opportunities for Heinz in frozen”.

In a statement, Heinz added all 155 staff are expected to transfer to The Authentic Food Co. as part of the new ownership.

Terms of the proposed deal were not disclosed.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData