“This acquisition makes another important step in the development of Kolak Snack Foods,” stated Ashok Lakhani, CEO of the firm, which makes predominantly own-label snacks, with a limited branded presence.
Most of the £61m in sales it clocked up in 2012 came from major UK retail customers, including top supermarkets.
“We continue to strengthen our position as a major quality snack manufacturer, with our customers at the heart of our business. The acquisition will help to grow our customer offer.”
Berkshire Foods has headquarters in Reading and a manufacturing base in Gosport, Hampshire. NC Snacks specialises in a range of ethnic snacks, including prawn crackers, vegetable crackers and spicy crisps.
The deal comes in the wake of the opening of a £9.6m extruded snacks and ready-to-eat popcorn factory at Kolak Snack Foods’ headquarters in Park Royal, London, last year.
Read More HERE