Europe Snacks Joins One Rock Capital Portfolio in Strategic Acquisition
Deal News | Dec 02, 2024 | One Rock Capital
One Rock Capital Partners, LLC, a U.S.-based private equity firm, has successfully acquired Europe Snacks, a leading manufacturer of private label savory snacks in Europe. Based in Paris, Europe Snacks produces crisps, stacked chips, crackers, and other savory snacks for the European market, serving both private label products and acting as a co-manufacturing partner for brands. The acquisition is expected to bolster One Rock's portfolio and leverage Europe Snacks' leadership in the private label market. Europe Snacks operates seven production facilities across the UK, France, and Spain, and maintains a focus on sustainability and quality. The acquisition aligns with One Rock's strategy of making controlling investments in businesses with growth potential. Kurt Beyer, Partner at One Rock, and Lukas Zeitlberger, Principal at One Rock, expressed enthusiasm about collaborating with Europe Snacks' CEO Étienne Lecomte to enhance the company's value proposition and growth across various channels and products.
Sectors
- Food and Beverage Manufacturing
- Private Equity
Geography
- France – Europe Snacks is headquartered in Paris, France, making it a significant geographical focus of the article.
- United States – One Rock Capital Partners, the acquiring firm, is based in New York, illustrating the U.S. geographical context.
- Europe – The primary market for Europe Snacks' products is Europe, emphasizing the geographical scope of its operations and market influence.
Industry
- Food and Beverage Manufacturing – The article focuses on Europe Snacks, a company that produces various savory snacks, indicating a strong presence in the food manufacturing industry.
- Private Equity – One Rock Capital Partners, a private equity firm, is highlighted for acquiring Europe Snacks, showing involvement in the private equity sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Europe Snacks | Target | Company | A leading European manufacturer of private label savory snacks with operations in the UK, France, and Spain. |
| One Rock Capital Partners, LLC | Acquirer | Company | A private equity firm making controlling investments in companies with growth potential. |
| Kurt Beyer | Partner | Person | Partner at One Rock Capital Partners involved in the acquisition of Europe Snacks. |
| Lukas Zeitlberger | Principal | Person | Principal at One Rock Capital Partners involved in strategizing post-acquisition plans for Europe Snacks. |
| Étienne Lecomte | CEO | Person | Chief Executive Officer of Europe Snacks. |