Ferrero will acquire French company Cpk

Italian confectionery giant Ferrero is set to acquire French company Cpk, expanding its global presence after recently purchasing Kellogg's in the US. The acquisition of Cpk, which owns brands like Carambar and Poulain chocolate, is expected to finalize by the end of 2025, pending antitrust approval, following Ferrero's $3.1 billion deal for Kellogg's. This move continues Ferrero's strategy of international expansion. Ferrero's growth includes expanding in North America and Europe, building on its success and diverse product portfolio. The company's strategy involves strengthening its presence in international markets and acquiring struggling companies.