Apax Gobbles Up IK Investment Snack Unit

Law360, New York (November 22, 2013, 6:27 PM EST) -- French private equity firm Apax Partners LP will buy Europe Snack from European private equity firm IK Investment Partners, the companies said Friday, a deal designed to help the snack company continue its expansion across France and the rest of Europe.

The deal, which is expected to close this year, gives Apax control of one of France's premier snack companies — according to a Friday press release from IK Investment Partners, in 2012 Europe Snacks had revenue of about €77 million (more than $104.3 million), and...
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