(RTTNews) -  Unilever Plc (UL: News ,ULVR.L) said it closed the deal to acquire the sauces business of Baltimor Holding ZAO following approval from the Federal Antimonopoly Service.

The acquisition will include ketchup, mayonnaise and tomato paste business under the Baltimor, Pomo d' Oro and Vostochniy Gourmand brands and a production facility at Kolpino, near St. Petersburg. It excludes Baltimor's branded vegetables, condiment, preserve and juices business and production facilities at Krasnodar and Khabarovsk.
The acquisition consideration was made on cash and is not material to Unilever overall.

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by RTT Staff Writer

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