KP Snacks

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KP Snacks - overview

Location

Hayes, -, UK

Primary Industry

Food

About

KP Snacks is a UK-based company specializing in nut-based snack products, particularly known for its flavorful peanuts. With a focus on quality and variety, it aims to enhance the snacking experience for consumers. KP Snacks is a prominent player in the nut snack industry, founded in the UK and headquartered in Hayes. The company has remained focused on nut-based snacks, with its flagship Original Salted peanuts being a staple for over 70 years.


KP Snacks has operated independently without any noted pivots or changes in strategy since its inception, emphasizing its commitment to quality. The company was founded by an undisclosed individual, and while specific information on previous businesses is not available, it has established a strong presence in the nut snack market. KP Snacks specializes in a diverse range of nut-based snack products, primarily focusing on peanuts. The company’s flagship offerings include their Original Salted peanuts, which have garnered recognition as the nation’s favorite peanut for over 70 years, alongside a variety of flavored peanuts that cater to different consumer preferences.


These products are designed to enhance snacking experiences, aiming to provide a satisfying and flavorful option for consumers across various occasions. KP Snacks serves a broad customer base, including individual consumers and retail outlets, positioning itself as the leading nut brand in the tasty nuts market. The company’s products are marketed primarily in the United Kingdom and have the potential for expansion into international markets, leveraging the growing global demand for convenient, flavorful snack options. In 2023, KP Snacks generated a revenue of USD 779.


47 mn, with an EBITDA of USD 195. 52 mn. The company’s revenue model incorporates both B2B and direct-to-consumer sales, allowing retailers to purchase products in bulk for distribution, while individual consumers can access packaged products through retail outlets. KP Snacks' sustained recognition, including accolades such as the Great Taste Award, further enhances its market position, contributing to its revenue streams.


KP Snacks is strategizing for future growth by developing new snack products, although specific details regarding upcoming releases are not disclosed. The company aims to expand its market reach beyond the UK, targeting international markets to meet the growing demand for nut-based snacks. Funding received in 2023 will be strategically utilized to bolster these expansion efforts and support the development of innovative products, enhancing the overall product portfolio.


Primary Industry

Food

Sub Industries

Bakery Products

Website

www.kpnuts.com

Total Amount Raised

Subscriber access only

KP Snacks - financials

Fiscal Year EndedOct 28, 2013Oct 28, 2014Jan 03, 2015Jan 02, 2016Dec 31, 2016Dec 30, 2017Dec 29, 2018Dec 28, 2019Dec 26, 2020Dec 26, 2021Jan 01, 2022Dec 30, 2023Dec 28, 2024
Revenue (USD)265,865,000-304,242,000314,268,000313,505,000345,669,000377,073,000474,226,000479,429,000----
% Revenue Growth (YoY)----(0.2%)10.3%9.1%25.8%1.1%----
EBITDA (USD)34,540,000-34,974,00046,394,00063,770,00062,657,00070,346,00090,337,000105,147,000----
Operating Income (USD)(841,000)-(2,775,000)6,210,00022,561,00018,530,00024,798,00034,019,00046,503,000----
Operating Margin(0.3%)-(0.9%)2.0%7.2%5.4%6.6%7.2%9.7%----
% EBITDA Margin13.0%-11.5%14.8%20.3%18.1%18.7%19.0%21.9%----
NET Income (USD)(7,894,000)-(11,480,000)292,00013,789,00011,760,00013,801,00020,623,00034,645,000----
% Net Margin(3.0%)-(3.8%)0.1%4.4%3.4%3.7%4.3%7.2%----

KP Snacks - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedpopchips, Inc.-

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