Intersnack has acquired KP Snacks from The Blackstone Group and PAI partners portfolio company United Biscuits, in a deal reportedly worth around £500m.
Deal ends a five-year stint under Foresight ownership, which first invested in 2013
Trevi appointed a chief restructuring officer in 2017 to negotiate a debt restructuring plan
AI business will look to expand beyond marketing and into robotics, healthcare and education
Company's founders and CEO Klaus Schmidt have retained a significant minority stake