Europe Snacks, one of Europe’s leading producers of customer-branded savory snacks, announced the acquisition of Burts Snacks. This operation will enable the company to accelerate its growth in the leading snacking market in Europe, the UK market.
Supported by Apax Partners, the Europe Snacks group entered the United Kingdom with the acquisition of Kolak Snack Foods in 2016. The acquisition of Burts, which should be finalized in March 2023, represents a new stage in the Group’s local development, the product portfolios of the two companies being very complementary.
“In a very uncertain economic context, it is essential to reach critical size to continue to develop our employees and invest in our industrial tool,” said Etienne Lecomte, CEO of Europe Snacks. “This operation was carried out thanks to the confidence of our shareholders and I am very proud to welcome the Burts teams to the Group.
Burts will continue to operate from its two production sites in Plymouth and Leicester, under the responsibility of Managing Director, Dave McNulty.