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Ferrero makes move into new segment

Is set to take over another confectionery giant.

Pfw 7113 Oct News Ferrero Logo Copy2

The Ferrero Group has announced a definitive agreement, whereby a Ferrero-affiliated company will acquire Ferrara Candy Company from L Catterton, a private equity firm. Ferrara is America’s the third-largest nonchocolate confectionery company and the maker of brands such as Brachs, Trolli and Black Forest Organics. To date, the terms of the transaction have not disclosed.

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