Zetar is a confectionery and snacks supplier. It started life as a shell and joined Aim on 6 January 2005 when it raised £750,000 at 100p a share. In April 2005, Zetar acquired confectionery company Kinnertons for £32.1m and raised £10.25m at 200p a share. In March 2006, dried fruit and nuts supplier Readifoods was acquired for £4.2m and a further £2.38m raised at 350p a share. Snacks supplier Humdinger was bought for up to £12.975m in July 2006 and there was a concomitant fund raisng of £11.2m at 400p a share. Chocolate and yoghurt covered fruit and nuts products supplier Salamanda was acquired for up to £2.25m in October 2006. Ireland-based confectionery maker Lir was acquired in December 2007 for €3.3m and at the same time £4m was raised at 560p a share. Low fat biscuits and crisps maker Britannia Biscuits Company, which was acquired in May 2007 for £4.7m, was sold in May 2009 for £2.68m payable over three years.
Sector: Food
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds