NAGOYA (Kyodo) -- Mizkan Group Corp. said Tuesday it has agreed with Premier Foods Group Ltd. of Britain to buy out its range of sweet pickles and table sauces by early 2013 aiming to tap further into the British market.
With the deal worth around 11.8 billion yen, or 92.5 million pounds, the Japanese seasoning and food manufacturer will acquire the Branston brand of products that includes pickles, ketchup, relish, salad cream and mayonnaise.
The deal also includes the handover of the Bury St Edmunds factory in Suffolk County to Mizkan along with all the employees, according to Mizkan and Premier Foods.