Thursday, 29 September 2016

Purple Magic Potato Running for the Invent Awards

Purple Magic Potato Running for the Invent Awards

  Purple Magic potato variety is now in the running for the INVENT Awards Agri-Science category. ...

yummex Middle East: Double-digit Growth for the 10th Anniversary

yummex Middle East: Double-digit Growth for the 10...

  The international trade fair for sweets and snacks in the MENA region, yummexMiddle East, which...

UK’s Best New Fish and Chip Shops Announced

UK’s Best New Fish and Chip Shops Announced

 The UK’s top 10 new fish and chip shops have been announced by the 2017 National Fish and Chip Aw...

Syngenta Has a New President Global Seeds and North America

Syngenta Has a New President Global Seeds and North Ame...

 Syngenta has announced the appointment of Jeff Rowe to the new role of President Global Seeds and Nort...

ConAgra Foods Acquires Frontera

ConAgra Foods Acquires Frontera

 ConAgra Foods has announced that it has acquired the packaged foods businesses of Frontera Foods and R...

Three New Appointments for tna’s Asia Pacific Team

Three New Appointments for tna’s Asia Pacific Team

 Food processing and packaging supplier tna has expanded its team in Asia, with the appointments of a n...

Key Technology Launches Website in German

Key Technology Launches Website in German

  Key Technology has announced the launch of its new mobile-friendly website in German to support its ...

Key Technology Introduces VERYX Belt-Fed Digital Sorters to Europe

Key Technology Introduces VERYX Belt-Fed Digital Sorter...

 Key Technology introduces its VERYX belt-fed digital sorters to the European food processing industry ...

Case Study: Ishida Helps Spanish Snack Manufacturer to Grow

Case Study: Ishida Helps Spanish Snack Manufacturer to ...

 Aperitivos y Extrusionados (Apex), now one of Spain’s top three snack food manufacturers, uses Ishida ...

Nigeria Has a New Potato Processing Plant

Nigeria Has a New Po...

 A USD120m potato farm and processing plantis underway in ...

DQ System Launches Potato Skins Snack

DQ System Launches P...

 Dairy Queen brand has unveiled a new line of oven-hot sna...

US Processed 5% Less Potatoes in 2015

US Processed 5% Less...

US potatoes used for processing totaled 280 million cwt, d...

Lay’s Chalet Sauce Potato Chips Available in Canadian Retail

Lay’s Chalet Sauce P...

  Frito-Lay Core Global Brands, PepsiCo Foods Canada, a...

Cambodia Opens First Potato Research Centre

Cambodia Opens First...

 With potato consumption continuing to rise in the Kingdom...

Land-Grant Universities Bolster the US Potato Genebank’s Impact

Land-Grant Universit...

 Land-grant universities are collaborating to support the ...

New Variety of Innate Potato Approved

New Variety of Innat...

  The J.R. Simplot Company has completed a voluntary cons...

The Use of Nicotine-based Pesticides Limited in Minnesota

The Use of Nicotine-...

  Seeking to reverse a decline in bees and other pollinat...

Greenpeace Issues Blacklist for Pesticides in EU

Greenpeace Issues Bl...

 Greenpeace Germany has recently published a new version o...

Costs of Developing GM Potatoes Comparable to Conventional Varieties

Costs of Developing ...

  The cost of developing GM potato varieties is in fact n...

UK Investment Partners, a private equity group, has bought France's largest maker of own-label salty snacks for an undisclosed sum.

The group said it hopes to develop the existing product range of the stapled chips and extruded products manufacturer, as well as launch new lines, in addition to exporting to new markets such as the UK.

Snack International, owned by the Caillavet family, holds over 60 per cent of the salted snack private label market in France, but also operates in the entry price and hard discount sectors.

The private equity group, which claims to have extensive experience in the food processing sector, said this is its tenth outlay in France.

"The business has an established track record and experienced management team, headed by Snacks International's chairman, Jean-Pierre Caillavet," IK managing partner Christopher Masek said. "The business has a number of attractive growth opportunities and we look forward to working with Mr Caillavet and his team to take Snacks International forward to the next phase of its development."

Caillavet, who bought the business in 1997, said IK would bring "real hands-on experience" that would be "invaluable" in developing Snacks International.

"I am particularly excited by the opportunities to launch new products and develop the business internationally," Caillavet said.

The investment firm said its current portfolio of food manufacturers includes Poland's Agros Nova, leading Dutch private label biscuit maker Continental Bakeries, French seafood processor, Labeyrie, along with Belgium fish processor and distributor, Lithells, and Hjem-Is Europa, a distributor of ice cream in Scandinavia.

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