Irish-based Valeo Foods buys UK tortilla producer IAG

Updated / Tuesday, 22 Dec 2020
16:39
The Group's products are sold in over 106 countries around the world.
The Irish-based Valeo Foods - which owns brands such as Jacob's, Batchelors, and Kelkin, has acquired IAG (It's All Good), a producer of tortilla snacks in the UK.
IAG has an annual turnover of approximately £37 million.
Since its formation in 2010, Valeo Foods, a portfolio company of CapVest Partners LLP, has expanded rapidly.
IAG marks its 17th acquisition, creating a major international food business across the UK, Ireland and Continental Europe, generating annual revenues of over €1 billion.
The Group’s products are sold in over 106 countries around the world, with the UK Valeo Foods’ biggest market, accounting for just over half of current revenues.

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