Ferrero Photo Claudio Divizia / Shutterstock.com

Ferrero buys Fox biscuits.

Ferrero has acquired Fox's own-brand biscuit and retail business, which until now belonged to the English manufacturer Northern Food Grocery Group Limited (NFGG).

As part of the operation, carried out through its subsidiary CTH, Ferrero will also buy the two production units located in the English cities of Kirkham and Batley.

 

Enhanced presence

Through this acquisition, the Italian group hopes to increase its presence in the biscuit segment, following the previous acquisitions of Biscuits Delacre and the Kelsen Group. The business now acquired generated sales of approximately €172 million in the last 12 months.

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