Unilever Bestfoods A/S has sold Castus A/S to Trope Snacks A/S for an undisclosed consideration.
Castus is a leading Danish producer of consumer brand products within the fruit snacks category.
Trope Snacks manufactures snacks based on nuts and dried fruit. The company was founded in 1989 by Henrik Winther-Olsen. He started the business in his parents' farm, where he initially sold wine. Trope Snacks expanded rapidly and in 1995, the company moved to larger premises in Køge, Denmark. Trope Snacks markets tea, dried fruit, snacks and chocolate primarily on the Danish market under the brands of Trope Snacks and TheKompagniet.
Unilever Bestfoods distributes fast moving consumer goods focusing on foods. It offers general groceries and manufactured food preparations. The company is based in Glostrup, Denmark. Unilever Bestfoods operates as a subsidiary of Unilever N.V.
Oaklins' team in Denmark advised the seller in this transaction.
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