Paulig completed the acquisition of Panesar Foods.

Paulig, a food and beverage company, completed the acquisition of Panesar Foods, a manufacturer of sauces, salsas and condiments. Financial terms were not disclosed. “We have collaborated with Panesar Foods for 17 years, and we are very pleased to welcome the company to Paulig. Today, our combined taste expertise and innovation skills unite around a shared ambition: to accelerate our international growth and expand our World Foods offerings with sauces, salsas, condiments, marinades, and dips," Rolf Ladau, Paulig CEO.