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Ketchup business sold

This article was originally published in Foodnews

UNILEVER is to acquire Baltimor Holding ZAO's sauces division, the leading ketchup business in Russia, for an undisclosed sum. The acquisition follows Unilever's purchase of Russian ice cream maker, Inmarko, last year (FOODNEWS 8 February 2008) and its plans to build a new factory in Tula. The sale includes the Baltimor, Pomo d'Oro and Vostochniy Gourmand ketchup, mayonnaise and tomato paste brands, with annual sales of around e 70 million, and a factory at Kolpino, near St Petersburg. The deal excludes Baltimor's branded vegetables, condiment, preserve and juices business.


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