Shareholders in UK snack maker Glisten today (12 March) gave the green light to the sale of the business to Finnish food group Raisio.

The investors backed the EUR22.8m (US$31.3m) deal, announced by the two companies last month, at a special meeting this afternoon.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Two court hearings will be held next month to approve the takeover but, should the deal go through, Glisten shares are expected to be delisted from the London stock exchange on or around 8 April.

When Raisio announced its bid to buy Glisten in February, the UK group’s chairman hailed the deal as a “win-win” for both businesses.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now