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France's Cemoi and Belgium's Sweet Products in chocolate takeover talks


By Reuters Staff
1 Min Read
PARIS (Reuters) - Belgium’s family-owned Sweet Products has entered into exclusive talks to take over France’s largest chocolate producer Cemoi, creating a European chocolate and candy leader, Cemoi said in a statement on Tuesday.
The new group, which would have a turnover of more than 1.2 billion euros ($1.5 billion) and more than 5,000 employees, would have strong international development potential through producing Belgian, French and Swiss origin chocolates within the same group, it said.
It would also benefit from total control of the cocoa supply chain, from the bean to finished products, thanks to its 24 factories in Europe, the United States, England, and Côte d’Ivoire, it said. ....

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France's Cemoi and Belgium's Sweet Products in chocolate takeover talks

France's Cemoi and Belgium's Sweet Products in chocolate takeover talks
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

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