Heinz Acquires Renée's Gourmet Foods

On September 29, 2006, H.J. Heinz Company of Canada Ltd. completed the acquisition of Renée's Gourmet Foods Inc. Renée's Gourmet was a privately owned company founded in 1985 by Renée and Arnold Unger. Renée's Gourmet is Canada's leading producer of refrigerated salad dressings and also produces sauces, dips and marinades. Heinz Canada is part of the H.J. Heinz Group of Companies, a worldwide leader in the food business, specializing in ketchup, condiments and sauces, meals and snacks, soups, beans and pasta, and infant foods. The financial terms of the transaction were not disclosed.

Heinz was represented by Stikeman Elliott LLP in connection with the transaction. The Stikemans team included David McCarthy, D'Arcy Nordick, Larry Cobb, Susan Hutton, Andrew Elliott, Lorna Cuthbert, Jeremy Ehrlich, Connie Scott and Lisa Matchim. Goodmans LLP acted for Renée's Gourmet and its shareholders. The Goodmans team included Tim Heeney, Caroline Wang and Tom Macdonald.