Germany's Intersnack Buys two Czech Firms

Intersnack, which employs nearly 500 staff, entered the Czech market in 1992 by acquiring a potato chips production facility from agricultural cooperative JZD Choustnik.

Intersnack of Germany, its brand are: Chio, Gold Fischli, PomBar és
Funny Frish – has acquired two
Czech companies: Canto Hradec Kralove and Perri Crisps & Snacks
Tremosna, reports the Czech business press. The acquisition price for
Canto was not disclosed. However, it is believes that Intersnack paid
nearly 3 million euro for Perri Crisps & Snacks.
Thanks to the
acquisitions, Intersnack expects 2008 sales will rise to Kc 2 billion
(277 million euro), company chairman Lubomir Chvalovsky told the
business press. According to the reports, Intersnack’s 2007 sales
stood at Kc 1.5 billion.