Ck Snacks Strikes Again In Co-manufacturing M&a

Trending 4 hours ago

The private-label shaper said nan acquisition “meaningfully expands” its capacity and footprint.

Credit: Brent Hofacker/Shutterstock.com

CK Snacks has struck a woody to get chap US-based co-manufacturer Keystone Food Products.

Financial position of nan woody were not disclosed.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to scope engaged professionals crossed 36 starring media platforms.

Find retired much

In a statement, nan Grand Rapids, Michigan-headquartered private-label shaper said nan acquisition “meaningfully expands” its capacity and footprint.

CK Snacks also acquired own-label adjacent Axium Foods successful 2024. 

The institution added its latest woody includes a accumulation works successful eastbound Pennsylvania, “uniquely” positioning it to activity pinch awesome retailers, market chains and branded nutrient companies crossed North America.

Jamie Colbourne, CK Snacks CEO, said: “We are very excited astir nan summation of Keystone to our snacking platform. This acquisition helps build retired some our geographic scope and our portfolio of products, allowing america to amended service our customers and proceed our maturation trajectory.”

Keystone makes a scope of snack products, including masa and cooked maize tortilla chips, baked and fried extruded items, die-cut and random-shaped snacks.

It besides produces statement mixes, pellets, and earthy and integrated snack lines.

Keystone will proceed operating from its installation successful Easton, Pennsylvania.

CK Snacks, different known arsenic Cheeze Kurls, was founded successful 1964 and makes extruded, fried, and baked products, arsenic good arsenic popcorn and statement mixes.

Following nan acquisition, CK Snacks said its level will dwell of 3 manufacturers – CK Snacks, Axium Foods and Keystone – crossed different regions and merchandise segments.

Illinois-based Axium, founded successful 1960, specialises successful tortilla chips, maize chips, extruded snacks, and pellet snacks.

Just Food has contacted CK Snacks for further specifications specified arsenic nan mixed revenues of nan 3 businesses, nan full number of manufacturing plants and really its geographical scope will alteration station nan transaction.

More