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KP Nuts sold

The UK’s second largest snacks manufacturer KP Snacks – which produces KP Nuts, Hula Hoops and McCoy’s crisps – has been sold by United Biscuits, which also owns the McVitie’s and Jacob’s brands, to German company Intersnack for a reported £500 million.

The deal is expected to be finalised in 2013. KP Snacks currently employs about 1,500 people at sites across the UK.

If your business is considering a company acquisition, these template business sale agreements can help you with the process.

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