Lindt & Sprungli's acquisition of US confectioner Russell Stover Candies has come as a surprise to analysts. It is the Swiss group's first purchase for 16 years and one in a developed, rather than emerging,...
Lindt & Sprungli has announced the acquisition of US confectionery firm Russell Stover Candies for an undisclosed sum.
Swiss chocolate manufacturer Lindt & Sprüngli has announced plans to grow its share of the Brazilian market through a joint venture with local player CRM Holding.
Lindt & Sprungli has often been touted as a potential takeover target for Nestle. However, Stefan Kirk of M&A advisors Glenboden argues the Swiss chocolate maker is an unlikely acquisition candidate for anyone - and suggests the company could dust off its chequebook to boost growth.
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