Thorntons Archives - Just Food
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Thorntons

Ferrero – vital for UK to avoid “cliff-edge” Brexit

Ferrero – vital for UK to avoid “cliff-edge” Brexit

Ferrero has painted a bleak picture for its business in the UK should the country fail to reach a suitable trade agreement upon leaving the EU, with a potential increase in import tariffs and a divergence in labelling among the key risks to higher costs.

Ferrero makes offer for Thorntons

Italian confectioner Ferrero has launched a takeover bid to buy UK chocolate group Thorntons, in a deal valuing the business at just under GBP112m. The privately-owned group is offering GBP1.45…