US snack firm Diamond Foods acquires snack maker Kettle Foods from private-equity firm Lion Capital for USD 615m.

Diamond makes a range of nuts products, Kettle manufactures potato chips and crisp snacks and has operations in both the US and the UK.

Chairman, president and CEO of Diamond, Michael Mendes said Kettle is a "strong, strategic fit" to their business."We believe Kettle Foods is a strong fit with the capability to provide solid financial returns for our shareholders, and we plan t...


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