Diamond Foods to acquire majority stake of Yellow Chips
Diamond Foods, Inc. has announced that it has acquired a 51% stake of Yellow Chips, a manufacturer of high quality vegetable and organic potato chips based in the Netherlands.
Yellow Chips markets its products under private labels and as its own premium brand, Go Pure®, in Europe. Yellow Chips currently produces Kettle Brand® Vegetable Chips for Diamond. Following the acquisition, Yellow Chips’ existing management team will continue to operate the company as an independent subsidiary.
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