Ferrero Acquires English Cookies Fox’s
After the boom recorded during the health emergency, Ferrero continues to diversify the business in the British market and rises in the sale of cookies.
A Ferrero’s affiliated company has announced the final agreement on the acquisition of Fox’s and private label cookies, from Northern Food Grocery Group Limited (NFGG). As stated in a note, this business has generated a turnover of approximately £ 157 million in the last 12 months.
Ferrero’s subsidiary will acquire the two production plants, based in UK, of Kirkham and Batley.
This operation follows the acquisitions of Delacre and Kelsen Group.
The completion of the transaction, subject to the issuance of legal permits and the usual closing conditions, is expected in the coming months.