Kraft Heinz Co.

LONDON -- H.J. Heinz Company said yesterday its HP Foods business has signed an agreement with Associated British Foods plc group for the sale of HP Foods' Ethnic Foods business, comprising a small part of the HP business acquired in August by Heinz. Terms of the agreement were not disclosed.

PITTSBURGH -- H.J. Heinz Co. here said it has completed its acquisition of the HP Foods Group from Groupe Danone S.A. for approximately $820 million in cash. The transaction, which enhances and expands Heinz's global condiment and sauces business, includes the Lea & Perrins Worcestershire sauce brand, as well as a perpetual license to market the rapidly growing Amoy Asian sauce brand in Europe.