Announced
Completed
Synopsis
Newly Weds Foods, a global food ingredients manufacturer, completed the acquisition of the Deyrsburg facility from Develey Mustard & Condiments, the US branch of Develey, an European food manufacturer of mustards, sauces, salad dressings and other condiments. Financial terms were not disclosed. “The integration of the Dyersburg facility reinforces our commitment to expanding our presence in the dynamic sauce segment. Sauces have proven to be a perfect complement to our coatings, seasoning, and functional ingredient offerings, and they allow us to provide our customers with a total innovation solution for their products," Brian Johnson, Newly Weds Foods President and CEO.
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