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Ferrara holding company seals deal for French confectioner CPK
Yahoo Finance· 2025-11-03 20:51
A European holding company for Ferrara Candy Company has finalised the purchase of French sweets maker CPK Group from investment firm Eurazeo. In a statement, Eurazeo said the deal has “generated around €240m ($276.4m) of proceeds allocated” to its balance sheet. In July, Ferrara and Eurazeo announced the two sides were in exclusive talks over a possible deal. The transaction gives Ferrara brands including Carambar, Poulain, Lutti and Terry’s. Eurazeo said the sale “reaffirms its strategy of supporting ...