Intersnack Group acquires Estrella Maarud
Intersnack Group GmbH & Co KG has acquired the salted snacks manufacturer Estrella Maarud from Herkules Private Equity Fund II.
Estrella Maarud is a leading manufacturer and supplier of branded salted snacks in the Nordic and Baltic countries, including brands such as Maarud, Estrella and Taffel. The company has approximately 430 employees and had an annual turnover of EUR 130 million in 2013. Intersnack is a pan-European group in the salted snacks business with a turnover in 2013 of EUR 2 billion and more than 8,000 employees.
Intersnack was advised by the law firms Wikborg Rein, Borenius and Mannheimer Swartling in the transaction. Mannheimer Swartling’s team primarily included Johan Ljungberg, Terese Holmqvist, Andréa Dahrén, Maria Bouvin, Linnea Ljung-Haanäs, Bita Pourmotamed, Emil Albihn Henriksson, Gustav Lundin, Nathalie Jonsson, Magnus Prick and Sofia Tot.