Intersnack to acquire the remaining 60% of stake in Unisnack from Universal Robina.

Intersnack, a snack food company, agreed to acquire the remaining 60% of stake in Unisnack, a snacks and biscuits company, from Universal Robina, a consumer food and beverage product company. Financial terms were not disclosed. “Unisnack ANZ, its competent management and great commercial performance, is an excellent strategic fit which will strengthen our market coverage in Oceania region and enrich our existing portfolio and innovation pipeline,” Maarten Leerdam, Intersnack Group Executive Chairman.