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EMERAM-backed Frostkrone completed the acquisition of Innovate Foods.

Synopsis

EMERAM-backed Frostkrone, a company specialised in the production and marketing of deep-frozen finger food and snack products, completed the acquisition of Innovate Foods, a producer of finger food in Great Britain. Financial terms were not disclosed. “The acquisition of Innovate Foods means that we now have direct links to a location in Great Britain. We have been nurturing close customer relations to this country for many years. And with a view to the economic changes that Britain’s exit from the EU will bring about, this merger will give our local customers there and, of course, will give us, too, the safeguards and the flexibility so necessary and so desired by all concerned," Frédéric Dervieux, Frostkrone CEO.

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