Ireland: Tayto acquires Portlebay and Tavern Snacks
Irish based snacks firm Tayto has acquired the Tavern Snacks brand and the majority of Portlebay Popcorn for undisclosed amounts, according to a report in the Irish Times.
The acquisition will see Tayto take 75 per cent ownership of Portlebay Popcorn and full ownership of Tavern Snacks.
Devon-based Portlebay Popcorn manufactures popcorn products with a focus on gourmet flavours and supplies retail stores around England.
Tavern Snacks manufactures and sells snack foods such as nuts and crisps. The company also supplies bar products such as straws and cocktail sticks.
Tayto CEO Paul Allen said: "We are really impressed with the innovation and enthusiasm of the Portlebay team and they make a first-class, premium product…The purchase of Tavern has allowed us to diversify both by adding another brand and also by introducing their range of nuts to our portfolio. We're now producing crisps in Tandragee which are being sold under the Tavern name all around London".
Source: The Irish News