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

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.