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Announced

Exponent-backed Vibrant Foods to acquire Cofresh.

Synopsis

Exponent-backed Vibrant Foods, a food manufacturer, agreed to acquire Cofresh, an Indian snack food brand. Financial terms were not disclosed. "There are tremendous growth opportunities for our sector, as popularity for both ethnic and healthy snacking products continues to grow. Our products are well-established in both markets, thanks to the tireless work of our employees and founders, whom I’d like to thank for their support and commitment to excellent customer experience, alongside our global suppliers and customers in the UK and abroad. Being part of a dynamic food group will allow us to accelerate our growth trajectory, maintaining and building our market-leading product offering, and helping us penetrate new markets and distribution channels," Priyesh Patel, Cofresh Managing Director.

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