M&A Deal Summary

KP Snacks Acquires Tangerine Confectionery

On July 17, 2017, KP Snacks acquired food company Tangerine Confectionery from Tangerine Confectionery

Acquisition Highlights
  • This is KP Snacks’ 1st transaction in the Food sector.
  • This is KP Snacks’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-07-17
Target Tangerine Confectionery
Sector Food
Buyer(s) KP Snacks
Sellers(s) Tangerine Confectionery
Deal Type Divestiture

Target

Tangerine Confectionery

Blackpool, United Kingdom
Tangerine Confectionery Ltd. (dba Butterkist) is a manufacturer, packages and distributes flavored-popcorn's. Butterkist was established in 1914 and is headquartered in Blackpool, UK.

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Buyer(S) 1

Buyer

KP Snacks

Slough, United Kingdom

Category Company
Founded 2012
Sector Food
DESCRIPTION

KP Snacks Ltd. is a manufacturer and producer of potato and nut-based snacks. KP Snacks Ltd. was established in 2012 and is headquartered in Slough, UK.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Tangerine Confectionery

Pontefract, United Kingdom

Category Company
Founded 1924
Sector Food
Employees1,500
Revenue 160M GBP (2014)
DESCRIPTION

Tangerine Confectionery is engaged in the production of sugar confectionery and popcorn in the United Kingdom. The company is the largest manufacturer of private label sugar confectionary in the United Kingdom and owns a number of heritage brands, such as Barratts, Henry Goode's, Wham and Butterkist, the number one popcorn brand in the United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1