Lion gobbles Kettle Chips

Private equity house Lion Capital is set to swallow premium crisp maker Kettle Foods. London-based Lion should complete the transaction within a month, once the regulators have digested the details.


Private equity house Lion Capital is set to swallow premium crisp maker Kettle Foods. London-based Lion should complete the transaction within a month, once the regulators have digested the details.

Private equity house Lion Capital is set to swallow premium crisp maker Kettle Foods, the premium crisp maker. London-based Lion should complete the transaction within a month, once the regulators have digested the details.

Headquartered in Salem, Oregon, Kettle Foods makes Kettle Chips in such favourite varieties as ‘Salsa & Mesquite’ and ‘Jalapeño Jack’. Kettle-watchers will know that in its fiscal year 2006, sales in the US and from its UK site in Norwich boiled up to around $150 million.

‘As a leader in the premium and natural segments of the snacks market, Kettle is capitalising on consumers’ trend towards “healthier” eating through product innovation and increased market penetration,’ observed founding Lion partner Lyndon Lea. ‘We believe there is a compelling opportunity to continue Kettle’s strong growth behind these same drivers.’

Leslie Copeland

Leslie Copeland

Leslie was made Editor for Growth Company Investor magazine in 2000, then headed up the launch of Business XL magazine, and then became Editorial Director in 2007 for the online and print publication portfolio...