HP Foods

HP Foods

Infobox Company
name = HP Foods

type = Private
genre =
foundation = 1875 in Aston, BirminghamBBC News May 9, 2006 [http://news.bbc.co.uk/1/hi/england/west_midlands/4754351.stm "‘Great British’ sauce heads abroad"] . Retrieved on March 12, 2008.]
founder = Edwin Samson Moore
location_city = Hayes
location_country = UK
location =
locations =
area_served = Europe
key_people =
industry = Food
products = HP Sauce, Daddies sauces, Lea & Perrins Worcestershire sauce
services =
revenue =
operating_income =
net_income =
assets =
equity =
owner =
num_employees =
parent = H. J. Heinz Company
divisions = HP Foods, Amoy Food UK, Lea & Perrins
subsid =
slogan =
homepage = [http://www.hpfoods.com/ www.hpfoods.com]
footnotes =
intl = yes

HP Foods Limited, formerly based in Birmingham, United Kingdom is best known as the producer of HP, Lea & Perrins and Daddies sauce brands.BBC News [http://news.bbc.co.uk/2/hi/business/4110006.stm Heinz buys HP sauce in £470m deal] , June 20, 2005. Retrieved on March 11, 2008.] It is also the UK licensee of Chinese food and condiment brand, Amoy Food. [ Amoy Food UK website, [http://www.amoy.co.uk/About.html About Amoy] , retrieved on March 11, 2008.]

Formerly the Midlands Vinegar Company and Smedley HP Foods Limited, it was acquired by Imperial Foods, a division of Imperial Group. HP Foods Ltd was retained by Imperial's parent company Hanson plc even after the demerger of the Imperial Group. It was sold to Groupe Danone SA in 1988 for £199 million. It was sold by Danone to Heinz in June 2005 for £470 million. However, in October of that year the takeover was referred by the UK's Office of Fair Trading to the Competition Commission. [ [http://news.bbc.co.uk/1/hi/business/4379248.stm BBC NEWS | Business | Watchdogs probe HP sauce takeover ] ] After a review the Competition Commission approved the takeover and Heinz started integrating this new company into the business.

In 2007, the iconic Aston, Birmingham factory was demolished, and production of HP and Daddies sauce brands was moved to the Netherlands. [BBC News [http://news.bbc.co.uk/1/hi/england/west_midlands/5279896.stm Staff told of HP factory closure] , August 23, 2006. Retrieved on March 11, 2008.] [BBC News [http://news.bbc.co.uk/1/hi/england/west_midlands/6260668.stm Demolition of HP factory begins] , July 2, 2007. Retrieved on March 11, 2008.] Production of Worcestershire sauce was returned to Worcester.

References

ee also

*Brown sauce
*Sweet chilli sauce
*Worcestershire sauce
*Tomato ketchup

External links

* [http://www.hpfoods.com/ HP Foods]


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