Kolak Snack Foods makes double acquisition
Kolak Snack Foods acquired Berkshire Foods and NC Snacks for an undisclosed sum as part of its relentless drive to boost sales.
Ashok Lakhani, ceo of the firm, said: “This acquisition makes another important step in the development of Kolak Snack Foods. 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.”
Kolak makes predominately own-label products, with most of the £61M in sales it clocked up in 2012 coming from major UK retail customers, including top supermarkets.
Berkshire Foods has headquarters in Reading and a manufacturing facility in Gosport, Hampshire. NC Snacks specialises in ethnic snacks, including prawn crackers, vegetable crackers and spicy crisps.
Meanwhile, last year, Kolak unveiled a £9.6M snack and popcorn factory in London.
Watch our exclusive video with the firm’s head of technical Sterling Crew to find out why he believed the site represented the confidence the business has to deliver quality, growth and consistency.