The leading private-label producer of savory snacks for the European market, Europe Snacks, is set to be acquired by One Rock Capital Partners, according to a recent announcement made by one of its affiliates.

Europe Snacks is a reliable co-manufacturing partner for foreign companies in the region and supplies stacked chips, snacks, crisps, and crackers to major food retailers around Europe.

“Over the past three decades, Europe Snacks has grown to be a leader in the private label market across its key product categories and geographies. We are excited to partner with the team, to build upon their strong heritage, and to continue driving growth,” Kurt Beyer, Partner at One Rock, mentioned.

“Europe Snacks aligns well with our investment strategy of acquiring leading companies with potential for growth and improvement. We look forward to working closely with management to enhance the Company’s operations and capitalize on new market opportunities,” Lukas Zeitlberger, Principal at One Rock, added.

“We are looking forward to joining forces with One Rock as we enter our next phase of growth. One Rock’s Operating Partners bring decades of expertise in our core markets and we will look to leverage their knowledge and experience as we aim to bring even more innovation and value to our customers,” Étienne Lecomte, CEO of Europe Snacks, commented.

Spayne Lindsay & Co. and Natixis Partners acted as M&A advisors to One Rock. Latham & Watkins LLP served as legal counsel. Debt financing was provided by Barclays, Natixis, Rabobank, RBI, Santander, and Goldman Sachs.

Since March 2023, Europe Snacks Group has been further expanding in the UK with the acquisition of Burts, a quality premium snacking manufacturer. The combination of highly complementary activities in the UK enables the group to better serve existing clients and unlock growth locally.