Europe Snacks
Status
Realised
Country
France
Strategy
Mid Cap
Sector
Entry
Nov-10
Exit
Dec-13
Fund
IK 2007
Website
News
IK Investment Partners to sell Europe SnacksIK Investment Partners acquires a majority st...
Leader in private label salted snacks
Europe Snacks ("the Company"), formerly known as Snacks International, is the market leader for private label salted snacks in France, also operating in the entry price and hard discount sectors. The snack categories that the Company focuses on includes stapled chips and extruded products.
Europe Snacks operates in an industry benefiting from substantial volume growth and exhibiting significant potential for further penetration of private label products. Snacks International is recognised by major retailers for its wide range of products, flexibility and excellent levels of service.
The Company was acquired by the IK 2007 Fund in November 2010, and later sold to Apax Partners in December 2013.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Facilitate organic growth via leveraging strong market position;
- Develop the existing product range and launch new product lines;
- Increase international expansion; and
- Rebrand the group as Europe Snacks.