A Nebraska-based popcorn maker has bought a Missouri-based competitor.
Preferred Popcorn of Chapman announced earlier this week that it has purchased K&W Popcorn, an organic popcorn maker based in Trenton, Missouri.
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Terms of the deal were not disclosed.
The K&W deal was Preferred Popcorn's third acquisition since its founding in 1997 and will give it a foothold in the organic popcorn market. The company said in a news release that the purchase of K&W will allow it to meet the rapidly increasing demand for organic, non-GMO and allergen-free snacks.