USA: CK Snacks acquires Axium Foods

CK Snacks, a manufacturer of own brand savoury snack foods, has announced the acquisition of its domestic peer Axium Foods.

Founded in 1960, Axium Foods specialises in producing tortilla chips, corn chips, extruded snacks, and pellet snacks for private label brands.

Commenting on the move, CK Snacks CEO Jamie Colbourne said: “We are thrilled to welcome Axium Foods into the CK Snacks family. Axium Foods’ expertise in tortilla chip and snack production will complement our existing product lines, enabling us to offer an even broader range of snacks. This acquisition marks a pivotal moment in our growth strategy, and we look forward to working together to deliver innovative, high-quality products to our customers”.

An Axium Foods spokepserson: “We are excited to see Axium Foods continue alongside another long-standing, family-founded business. CK Snacks shares our dedication to quality, innovation, and customer service, and we are confident the combined company will build on our legacy”.

Financial terms of the acquisition were not disclosed.

Sources: CK Snacks (via Globe NewsWire)