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Intersnack

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Intersnack Group GmbH & Co. KG
Intersnack
Company typeGmbH & Co. KG
IndustrySnacks
Founded1968; 56 years ago (1968)
HeadquartersDüsseldorf, Germany
Area served
Europe, Asia and Oceania
Key people
Maarten Leerdam,
Henrik Bauwens,
Roland Stroese,
Johan van Winkel[1]
Revenue€2.51 billion (2017)[2]
OwnerPfeifer & Langen
Number of employees
13,000 (2021)[3]
SubsidiariesKP Snacks
Tayto Snacks
Griffin's Foods
Snack Brands Australia
Websiteintersnackgroup.com

Intersnack Group GmbH & Co. KG is a German snack food company that annually produces around 600,000 tonnes of snacks including potato chips, nuts, baked products and specialty snacks.[3] The company made its first potato chips in 1968.[4]

The company is privately owned and has in excess of 8,000 employees. Its annual turnover is €2 billion.[3]

Notable brands of the company based in Düsseldorf include Hula Hoops, McCoy's, Pom-Bear, Chio Chips and Penn State.[5][6] It owns the Tayto Crisps company in Ireland.[7]

In December 2019, Intersnack and Philippine company Universal Robina Corporation (URC) formed Unisnack ANZ, a joint venture comprising Griffin's Foods and Snack Brands Australia. Intersnack held a 40% stake in the consolidated business.[8][9] In August 2021, URC exited the Australian and New Zealand market by selling its remaining 60% stake in Unisnack ANZ to the company.[10]

References

  1. ^ Imprint Intersnack Group GmbH & Co. KG, retrieved 28 June 2019.
  2. ^ Intersnack Group GmbH & Co. KG: Konzernabschluss zum Geschäftsjahr vom 01.01.2017 bis zum 31.12.2017. Bundesanzeiger. 13 December 2018.
  3. ^ a b c "Intersnack Group: About Us". Intersnack.com. Retrieved 24 September 2021.
  4. ^ "Overview - Intersnack Group".
  5. ^ "Intersnack Group: Our Brands". Intersnack.com. 8 June 2013. Archived from the original on 21 November 2014. Retrieved 23 July 2014.
  6. ^ "Intersnack Signs Multi-Million Euro Cloud Deal with Infor". markets.businessinsider.com. Retrieved 12 November 2023.
  7. ^ "Tayto Snacks becomes the crisp new name for Largo Foods". The Irish Times. 21 March 2013. Retrieved 26 November 2019.
  8. ^ "URC sells stake in snacks joint venture to partner Intersnack". BusinessWorld Online. 30 July 2021. Retrieved 5 January 2023.
  9. ^ Berry, Kim (17 July 2019). "Snack Brands Aust owner and Intersnack Group deal". Food & Drink Business. Retrieved 5 January 2023.
  10. ^ Burgos, Jonathan (2 August 2021). "Philippine Gokongwei Group Exits Australia, New Zealand Snack Foods Business". Forbes. Retrieved 5 January 2023.