Kraft Heinz to acquire Turkish sauce firm Assan Foods in $100m deal - FoodBev Media

Kraft Heinz to acquire Turkish sauce firm Assan Foods in $100m deal By Martin White 11 June 2021 CategoriesAlso in the newsBusinessFoodIndustriesManufacturingMergers & AcquisitionsSauces Kraft Heinz has agreed to acquire Turkish sauce company Assan Foods from Kibar Holding in a deal that values Assan at approximately $100 million. Headquartered in Istanbul, Assan Foods manufactures and sells a wide range of sauce products such as ketchup, mayonnaise, pasta sauces and more. Assan’s sauce products are sold under brands including Colorado, Kingtom, and Oba. More:Kraft Heinz to acquire Turkish sauce firm Assan Foods in $100m deal - FoodBev Media