Kettle Foods makes crisp acquisition for Irish group Valeo

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Ireland's Valeo snacks on Kettle Foods deal

The Irish-based company, which had a turnover last year of ‎ €870m, has four principal divisions: Ireland, the UK, Europe and confectionery.

Kettle's business in the UK and Ireland was put up for sale earlier this year following pressure on its owner, Campbell Soup, from the prominent activist investor Third Point. The US-based company has also sold Kelsen, a snack brand, to the Italian food company Ferrero for $300m.

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