Gobbled up: German snack company bought UK-based Popchips

Image result for popchipsGerman food company Intersnack Group has snapped up UK-based potato crisps maker Popchips. The company  revealed that its British arm, KP Snacks, which makes KP nuts, Hula Hoops, Butterkist popcorn and Tyrrells crisps, had bought the company for an undisclosed sum. KP Snacks said it bought the Popchips brand in the UK and Europe but another company, Popchips Inc, would continue to operate separately in North America and other markets. Mark Thorpe, chief executive of KP Snacks, said: ‘Popchips is a fantastic addition… and we believe it significantly strengthens our proposition.’ It comes after KP Snacks’ recent takeover of Tyrrells crisps. (Source: thisismoney.co.uk)