UK: Unilever sells Graze brand to Katjes International
FMCG giant Unilever has agreed to sell its UK healthy-snacking brand Graze to Katjes International – owner of confectionery group Candy Kittens – marking a strategic exit from parts of its foods portfolio. Under the deal, Katjes (via its UK subsidiary Future Snacks Ltd) will acquire 100 % of Graze’s shares, including its full product […]
Italy: Sperlari Group to acquire Paluani
Sperlari Group, the Italian leader in the candy and nougat industry that belongs to the German group Katjes International, has announced the acquisition of Italian confectionery company Paluani. Paluani was owned by the Campedelli family, but the firm ended in an insolvency procedure. The Sperlani group was the only bidder that presented a proposal to […]
Germany: Katjes to acquire Cloetta Italy
Katjes, a German confectionery firm, has signed an agreement to acquire the Italian business of Swedish sweetmaker Cloetta for 450 million SEK ($53.4 million). Cloetta Italy employs 400 people across its four facilities in Italy and in 2016 had annual sales of 745 million SEK ($879 million). “This is a very good solution for all […]