News in brief
Kerry acquires California-based vinegar maker and Oman-based culinary sauces maker
The two firms have annualized revenues of approximately €150m ($171m), while the deals are expected to close by the end of the year.
The world's largest industrial vinegar producer, California-based Fleischmann's Vinegar is a USDA certified producer of specialty natural ingredients from apple cider vinegar to balsamic vinegar, with manufacturing facilities in Washington, New York, Maryland, Illinois, Missouri, Alabama and California.
Headquartered in Muscat, Oman, AATCO Food Industries is a leading provider of culinary sauces to the foodservice channel, with manufacturing facilities in Sohar, Oman, Jeddah, Saudi Arabia and Nashik, India.
Its portfolio includes ketchups, mayonnaises, salad dressings, specialty sauces, coffee syrups, sweet sauces, toppings and sweet fillings.
