Food company Vibrant Foods has announced the acquisition of Cofresh Snack Foods, a UK-based producer of healthy Indian snacks for an undisclosed sum.
Founded in 1974, Cofresh Snack Foods owns two main brands, Cofresh and, Eat Real, and according to sources, the company’s retail sales stood at around £75 million last year.
This acquisition follows Vibrant Foods plan to “consolidate the apparent growing ethnic foods and healthy snacking market”.
Rohit Samani, chairman of Vibrant Foods, said: “We are very pleased to welcome Cofresh Snack Foods to Vibrant Foods. Its broad range of authentic and high-quality snacks complements our existing product offering of South Asian staples, and further cements our position as one of the leading South Asian foods producer in Europe”.
Priyesh Patel, shareholder and managing director of Cofresh Snack Foods, said: “Being part of a dynamic food group will allow us to accelerate our growth trajectory, maintaining and building our market-leading product offering, and helping us penetrate new markets and distribution channels”.