Snak King attracts investment from Falfurrias Management Partners [Yahoo! Finance]
Coca-Cola Consolidated, Inc. (COKE)
US:NASDAQ Investor Relations:
investor.cokeconsolidated.com/investor-overview
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Source: Yahoo! Finance
Private-equity firm Falfurrias, headquartered in Charlotte, North Carolina, said the investment has been channelled through the Falfurrias Capital Partners IV and V funds, without revealing the size of the stake taken in Snak King. Based in the City of Industry, California, Snak King is a co-manufacturer and own-label business supplying tortilla chips, potato crisps, popcorn and nut clusters. The company, founded in 1978, also has a branded portfolio with the likes of El Sabroso, The Whole Earth, Granny Goose and Jensen's Orchard. Led by CEO Barry Levin, Snak King employs more than 780 people across facilities in Los Angeles and Chicago. Levin will remain with the business and will be joined on the board by Falfurrias Management's Ken Walker and Chip Johnson, along with Dave Katz, the president and COO of Coca-Cola Consolidated, Bill Lovette, the CEO of Sauer Brands and Bill Ladd, a former executive and vice president of supply chain transformation at PepsiCo. “Snak King's de
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