• ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • STORE
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • EVENTS
  • CONTACT
Latest Tweets
  • Loading tweets...

Follow @@GamaConsumer

  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • STORE
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • EVENTS
  • CONTACT
1 MIN READ

Germany: Intersnack expands Scandinavian presence with Estrella Maarud acquisition

June 9, 2014
-
Europe, Food

Scandinavian snack products manufacturer Estrella Maarud has been sold to the German Intersnack Group, according to media reports.

Estrella Maarud is a major Scandinavian manufacturer of salted snacks and owns leading brands include Maarud in Norway, Estrella  in Sweden, Finland and the Baltics, and Taffel in Denmark. Headquartered in Oslo, the company has manufacturing facilities in Disena (Norway), Angered (Sweden) and Kaunas (Lithuania).

Acquired  as part of a carve-out from Kraft Group in October 2008 by the private equity fund Herkules, Estrella Maarud has  established itself as an independent company, generating €130 million ($177 million) in revenue in 2013 and employing approximately 430 staff. Private equity firm Argentum also reports that the company recorded top line growth of 7% in both 2012 and 2013, far outperforming most of its peers in the Nordic grocery sector.

Financial terms of the deal have not been disclosed.

Source: Argentum / Lebensmittelzeitung

 

 

 

 

Tags
Estrella Maarud
Intersnack
← PREVIOUS POST
France: Henkel acquires Spotless Group for €940 million
NEXT POST →
USA: Nestle targets snack and breakfast foods for Lean Cuisine and Stouffer’s brands

Copyright © 2020. Gama. All rights reserved.      Privacy Policy | Legal Notice

 
Germany: Intersnack expands Scandinavian presence with Estrella Maarud acquisition - Gama