Durkee Famous Foods was sold for $120 million.
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Durkee, which makes flavor enhancers such as spices and sauce and gravy mixes, was a subsidiary of SCM Corp., which was purchased last March by a London conglomerate, Hanson Trust, for $930 million. Since then, Hanson has recouped the SCM purchase price by selling various SCM units, including Durkee to Reckitt & Colman, a British food group. Last week Hanson sold SCM’s Glidden paint and resins division.