IK Investment Partners, a pan-European private equity firm, has acquired a majority stake in Snacks International, alongside its owners, the Caillavet family. Snacks International is the French market leader for private label savoury snacks, specifically extruded and stacked chips. It was acquired in 1997 by Jean-Pierre Caillavet, the current owner and chairman. Under his leadership the company has built a market leading position in private label snacks - it currently commands a market share of over 60%.
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