Europe Snacks-Kolak has acquired Grupo Ibersnacks SL. Financial details have not been disclosed.
Europe Snacks-Kolak is one of Europe’s leading players specializing in the production of private label snacks, crackers and stacked chips for European distributors and manufacturers. The group generates revenues of US$320 million, employs about 1,400 people and produces over 1.4 billion packs annually from six manufacturing sites across France and the UK.
Founded in 2001, Grupo Ibersnacks is a Spanish-based crisps ans snacks manufacturer specialized in private label. The group is headquartered in Medina del Campo and operates two production sites in Spain.
Oaklins' team in France advised the buyer in this transaction.
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