Market News
24Oct2006 |
Heinz Buys Renée's GourmetHeinz Canada has purchased salad dressing maker Renée's Gourmet for an undisclosed amount. Toronto-based Renée's, Canada's largest maker of refrigerated salad dressings, will add about $60 million in annual sales to Heinz. Heinz intends to retain the Renée's name and according to a report in the Globe and Mail , Renée Unger, founder and former president of the company, will remain as a consultant at the company, while ex-husband Arnie, former CEO, will leave the company at the end of the month. Source: Canadian Grocer E-Newsletter, October 24, 2006. 
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