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Hillsdown is to be acquired by Hicks Muse Tate & Furst of the US in a £822m deal as Candover has withdrawn from the bidding, and Hicks Muse is expected to sell the poultry division.
Hillsdown is acquiring Boin, the French jam manufacturer, for undisclosed terms.
Hillsdown has sold Holco, its Dutch canning business, to a management team, and proceeds will be used to reduce debt.
Hillsdown is selling its Continental Bakeries biscuit manufacturing business to a new company created by the venture capitalist Industri Kapital for £42m.
Hillsdown is selling its Ross Breeders poultry business to the venture capitalist BC Partners for £100m, but is no longer actively looking to sell its potato packing business.
Hillsdown is selling seven food products and packaging businesses to Cinven, the venture capital concern, for £53.6m, following its decision to exit from red meat and focus on poultry, chilled and ambient foods.
Princes, the Mitsubishi subsidiary, has acquired the Barber Springdale soft drinks business from Hillsdown, which has assets of £13.6m.
Hillsdown Holdings is buying Continental Bakeries, the European biscuit maker, from Allied Domecq for £49m.
Hillsdown Holdings' HL Foods subsidiary is to buy the UK canning operations of Groupe Danone's HP Foods, including the North Walsham factory but not the HP Sauce brand.
Hillsdown has bought Nager Holdings, which gives it 91% of Hobson, the food and drink concern.
Hillsdown is buying Hobson, the ex-CWS own-label food and drink maker, for £121m.
Hillsdown is actively looking for acquisitions and is improving its production facilities at Pinneys in Scotland.