Kettle parent Diamond Foods courting private equity firms

Kettle Brand Potato Chips

Kettle Brand Potato Chips

March 28, 2012
Troubled Diamond Foods Inc., which operates a plant in Beloit that produces Kettle brand potato chips, is talking with private equity firms about taking a minority stake in the San Francisco company, Barrons recently reported.
Some investors anticipate the company will be eventually acquired by a so-called strategic buyer that wants to pick up Diamond’s Emerald snack nuts, Kettle chips and Pop Secret popcorn.
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