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Announced

Valeo Foods to acquire New World Foods Europe from Tony Quinn.

Synopsis

Valeo Foods, an Irish multinational producer of branded food and beverage products, agreed to acquire New World Foods Europe, a meat snack manufacturer, from Tony Quinn, an Australia-based entrepreneur. Financial terms were not disclosed. "NWFE is a great addition to our expansive portfolio of leading food brands and is consistent with our ambitious growth strategy. The acquisition of NWFE adds a new and very strong dimension to our snacking business and we are very excited about the growth potential of NWFE’s portfolio of on-trend protein snacks and the opportunity to further develop the meat snacks category," Seamus Kearney, Valeo Foods CEO.

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