Ferrero Group has agreed to acquire Brazil’s Bold Snacks to add high-protein products to its portfolio. The acquisition expands Ferrero’s presence in the Brazilian/Latin American health-snack segment and diversifies its product mix; no financial terms were disclosed, so near-term financial impact is likely modest and sector-specific.
Ferrero Group has agreed to acquire Brazil’s Bold Snacks to add high-protein products to its portfolio. The acquisition expands Ferrero’s presence in the Brazilian/Latin American health-snack segment and diversifies its product mix; no financial terms were disclosed, so near-term financial impact is likely modest and sector-specific.
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