Lion set to snare Nordic firm

07 September, 2007
Page 12 
Weetabix owner Lion Capital is on the brink of clinching a multi-million-pound deal to buy one of Scandinavia and the Baltic region's leading breadmakers, Vaasan & Vaasan.
It comes 18 months after Lion Capital, in partnership with Blackstone, purchased Cadbury Schweppes' European Beverages division - now called Orangina - for £1.26 billion.Last year, Lion Capital, a private equity firm, acquired potato snacks processor Kettle Foods in a deal believed to be worth £147m and £168m as part of move to create the UK's second biggest snacks manufacturing business after PepsiCo.Lion Capital founding partner Lyndon Lea said: "Vaasan & Vaasan offers an opportunity to invest in a range of well-recognised brands that enjoy strong market positions and are on-trend with consumer preferences for healthier eating."



Site Search

Webinars 

    Insights from the Bakery Market Report 2016

    You can now purchase the Bakery Market Report 2016, which offers insight into the retail bakery trade in the UK.