Mizkan Euro-Americas Announces Agreement To Acquire UK Sweet Pickle And Relish Business From Premier Foods

Oct 31, 2012, 08:00 ET from Mizkan Euro-Americas

MT. PROSPECT, Ill., Oct. 31, 2012 /PRNewswire/ -- Mizkan, a leading global condiment manufacturer, today announced the signing of a conditional agreement to purchase the U.K. based Branston sweet pickle and table sauces business from Premier Foods plc.

"We are excited to further expand the Mizkan product portfolio as we grow our business base in the U.K. and across Europe," said Craig Smith, President and CEO of Mizkan Euro-Americas. "The Branston brand has a loyal consumer following, and we look forward to continuing this legacy by providing quality products for generations to come."

The acquisition includes Branston sweet pickle, ketchup, relish, salad cream and mayonnaise condiments, together with significant private label business and the Company's Bury St Edmunds factory in Suffolk, England. Completion of the acquisition is subject to approval by Premier Foods' shareholders and consent from its banking syndicate. The sale is expected to close by the end of January 2013. 

About Mizkan Americas
Mizkan Americas is a leading condiment producer in the North America selling across all channels of trade including branded retail, private label retail, food service, and food ingredients.  Mizkan's leading retail condiment brands include Holland House® cooking wines, Nakano® rice vinegars, World Harbors® marinades and sauces, El Diablo mustard and Border Foods®, the nation's oldest and most established processors of green chile, jalapeño and tomatillo peppers and manufacturers of enchilada sauces for both the branded and private label markets.  Mizkan is a leading Asian condiment supplier in the retail and foodservice channels of trade.  Mizkan's food ingredients division supplies ingredients to numerous well known food manufacturers across several categories.

About The Mizkan Group
The Mizkan Group, a global food manufacturer, is the parent company of Mizkan Americas. The Mizkan Group is a 200+-year old privately held international food manufacturer, based in Handa City, Japan.  The Mizkan Group has a stable of well- known international brands, under the "mizkan" umbrella brand and is a leader in the

liquid condiment category.  The Mizkan Group has operating facilities around the globe, including Japan, China, the United Kingdom, the United States, Thailand, Singapore, Hong Kong & Taiwan.

Betsy Alandt

SOURCE Mizkan Euro-Americas