M&A Deal Summary

The Ferrero Group Acquires N.V. Biscuit Delacre S.A.

On December 6, 2016, The Ferrero Group acquired food company N.V. Biscuit Delacre S.A. from United Biscuits

Acquisition Highlights
  • This is The Ferrero Group’s 2nd transaction in the Food sector.
  • This is The Ferrero Group’s 1st transaction in Belgium.

M&A Deal Summary

Date 2016-12-06
Target N.V. Biscuit Delacre S.A.
Sector Food
Buyer(s) The Ferrero Group
Sellers(s) United Biscuits
Deal Type Divestiture

Target

N.V. Biscuit Delacre S.A.

Groot-Bijgaarden, Belgium
N.V. Biscuit Delacre S.A. is a manufacturer, marketer and distributor of chocolate dipped cookies and biscuits.

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Buyer(S) 1

Buyer

The Ferrero Group

Alba, Italy

Category Company
Founded 1946
Sector Food
Employees34,000
Revenue 10.5B EUR (2017)
DESCRIPTION

The Ferrero Group is a global manufacturer of branded chocolate and confectionery products. Ferrero was established in 1946 and is headquartered in Alba, Italy.


DEAL STATS #
Overall 2 of 12
Sector: Food M&A 2 of 12
Type: Divestiture M&A Deals 1 of 4
Country: Belgium M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-25 Thorntons

Alfreton, United Kingdom

Thorntons PLC is a chocolate company that delivers chocolates, gifts and sweets.

Buy £112M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-15 Fannie May Confections Brands

Melrose Park, Illinois, United States

Fannie May Confections Brands, Inc. is a manufacturer and distributor of confectionery and specialty food products in the United States and Canada.

Buy $115M

Seller(S) 1

SELLER

United Biscuits

Middlesex, United Kingdom

Category Company
Founded 1948
Sector Food
Employees7,100
DESCRIPTION

United Biscuits is a European manufacturer and marketer of biscuits, snacks and nut products including major brands such as McVitie's Digestive, Penguin, Jaffa Cakes, Go Ahead! KP, Hula Hoops, Skips, BN, Verkade and Delacre.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2016 M&A 1 of 1