Zetar buys again

Confectionery and snack foods group Zetar has made its third takeover since joining the Alternative Investment Market in January 2005, with the...

Confectionery and snack foods group Zetar has made its third takeover since joining the Alternative Investment Market in January 2005, with the acquisition of healthy snacks firm Humdinger of Kingston-upon-Hull for £13M.

Humdinger, which will be added to Zetar's new natural snacks division, has two sites supplying nuts, rice crackers, biscuits, chocolate confectionery, dried fruit, snacking fruit bars and crisps to supermarkets and health food chains. It made an operating profit of £1.4M on sales of £21.2M in the year to September 30, 2005.