Butterkist

German snack and food company Intersnack is to acquire the Butterkist popcorn brand from privately owned Tangerine Confectionery via its KP Snacks arm. As part of the deal, Butterkist popcorn manufacture will be transferred to KP Snacks along with 150 employees, while the remaining part of the Tangerine Confectionery business will continue to operate autonomously. Mark Thorpe, CEO of KP Snacks, commented: “I am delighted that we have this opportunity …