KKR-backed Arnott’s, a provider of food products, completed the acquisition of 180 Degrees, a New Zealand-based gourmet cracker company. Financial terms were not disclosed. “It was important for us to partner with a company that shares our appreciation for legacy with a strong innovation approach. As an iconic and much-loved business with a rich history, we knew the team at Arnott’s would be just the right fit. We are looking forward to working with The Arnott’s Group as we take the business to the next level," Jill Seton, 180 Degrees Co-Foudner.