Assanfoods: Kraft Heinz acquires Turkey-based Assan Foods

Kraft Heinz is expanding into Turkey - and no, not through the launch of any new Thanksgiving food offerings. The Kraft Heinz Co. announced on Monday that it successfully purchased Assan Foods from privately-held Turkish conglomerate Kibar Holding, a deal that was first announced in June of this year. The news follows Kraft Heinz's (NASDAQ: KHC) acquisition of Brazilian-based Hemmer in September. Assan Foods is headquartered in Instanbul and has manufacturing facilities in Balikesir and Izmir,...