Senior management at Seabrook Crisps have led a buy-out of the UK firm, backed by private-equity group LDC. Seabrook CEO Jonathan Bye, appointed in 2012 at a challenging time for the business, is one of the executives involved in the deal and he speaks to Dean Best about the outlook for the Yorkshire-based company.
UK firm Seabrook Crisps said it is eyeing new opportunities in the Australian market to drive its exports business "with a new deal in the pipeline" in the country this month.
UK firm Seabrook Crisps has indicated it is on the look-out for acquisitions after announcing it had appointed advisors to help it grow.
Unilever was among the companies issuing second-quarter results this week - and, after a period of higher food revenues, said it is making targeted efforts to grow the business. Elsewhere Hain Celestial acquired Europe plant-based food and beverage maker Mona Group. just-food also interviewed Seabrook Crisps CEO Jonathan Bye about the management buy-out at the UK crisp firm and to US start-up Flapjacked's co-founder David Bacon about its ambitions.
The speculation around General Mills' ailing Green Giant brand continued this week with claims Bonduelle is eyeing up the unit. We looked at the likelihood of the French group making an offer. Meanwhile, Danone decided to merge is under-pressure Chinese infant formula arm business with local dairy giant Mengniu and we looked at the key takeaways from Campbell Soup Co.'s investor day in the US.
Private-equity firm LDC has taken a majority stake in Seabrook Crisps as part of a management buy-out of the UK crisp firm.
UK firm Seabrook Crisps, which last week announced a private equity-backed management buy-out at the business, has appointed Paul Monk, the former chief executive of Golden Wonder, as its new chairman.
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