Diversified Irish food business Valeo Foods has announced the acquisition of New World Foods Europe (NWFE), a British meat snack producer. Valeo Foods, which was recently acquired by Bain Capital Private Equity, owns brands such as Rowse honey, Kettle crisps, and Jacob’s biscuits. NWFE has beeing selling products under the brands Kings, Wild West, Speyside and Cruga, as well as The Meatsnacks Group, since 2018. The company has a workforce …
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Valeo
Irish firm Valeo Foods, owner of the international bicuit brand Jacob’s, is to acquire the Italian cake company Balconi in a deal worth about €200 million ($223 million), according to an article in the Irish Times. Dublin-based Valeo will buy 80% of the Italian firm from the private equity firm Clessidra and 20% from Balconi, the family which founded the Milanese company in 1953. According to the Irish Times, the …
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