Ferrero to acquire Nestlé's U.S. confectionary business
Ferrero Is the Third-Largest Company in the Global Chocolate Confectionary Market and this U.S. Transaction Will Strengthen its Worldwide Position Will Become Third-Largest Confectionary Company in the U.S., Reflecting Strong Commitment to Growth in a Key Strategic and Attractive MarketWill Enhance Product Portfolio with Range of Iconic Chocolate and Sugar Confectionary BrandsWill Expand Presence in Highly Complementary Chocolate Snack and Seasonal CategoriesLUXEMBOURG – January 16, 2018 – The Ferrero Group and its affiliated companies (“Ferrero”), a global confectionary group,