Dutch investment firm Trophas has acquired a stake in local private-label nut processor Snack Connection.
Trophas acquired the “minority” stake from a company investor, A.A. de Graaf. Trophas declined to provide details on the size of the stake nor on how much it had agreed to pay for the shares.
Snack Connection manufactures and mixes nuts, kernels, seeds, dried fruit, croutons and rice crackers for the retailers in the Netherlands.
Snack Connection said the investment from Trophas allows “the possibility for further expansion of the company”. The firm added it was looking for “knowledge and experience” in addition to resources, from a new investor, to “take the organisation to the next level”.
Trophas is an investor in food production firms. It also owns a stake in convenience food business Conveni.
See Also:
“The Trophas team has extensive knowledge and experience in the food sector, both commercially, operationally and financially,” Snack Connection said in a statement.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData