PepsiCo buys Poland's Star Foods

January 2, 2006

PepsiCo has acquired Poland's, a leading maker of snacks, for an undisclosed sum. The deal strengthens its position in Poland in snacks sales such as. More than half of PepsiCo's total sales is from snacks, less than 20% is from soft drinks.

Star Foods was selling potato chips under the brand Star Chips, and corn snacks under the brand Mr. Snaki. Star Foods was privately held by the Mitzalis family, Advent International, Copernicus Capital Partners, and Cazolico S.A.