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Golden Wonder is to invest £1m at its snack food factory in North Lincolnshire, including new equipment, production processes and staff training.
Golden Wonder, the snacks manufacturer, is being sold by Bridgepoint Capital to The Snack Factory of Skelmersdale for undisclosed terms, while the Wotsits brand is being sold to Walkers.
Golden Wonder is to invest £3m in new manufacturing capacity at its Corby plant having reached agreement with General Mills of the US to produce the Bugles savoury snack for the UK market.
Golden Wonder, the crisps company, is expected to be acquired by private equity firm Bridgepoint Capital for £110m, and the business is expected to be expanded through acquisition.
Golden Wonder is creating a further 40 jobs at its snack food factory in Scunthorpe, following a £3m investment to produce crisps in tubes.
Golden Wonder is to create up to 200 jobs in Scunthorpe, following a £14m investment in a snacks factory and distribution centre.
Golden Wonder is planning to invest £30m in the expansion of its crisps manufacturing facilities in Scunthorpe and Corby, creating 100 new jobs.