Ferrero Group Acquires Bold Snacks

Ferrero Group Acquires Power Crunch from Bio-Nutritional Research Group

January 24, 2025

Food & Beverage

Ferrero Group has signed an agreement to acquire protein snack maker Power Crunch from Bio-Nutritional Research Group, Inc. The deal will bring Power Crunch's Irvine, California office and roughly 50 employees into Ferrero's North America organization and expands Ferrero's presence in the better-for-you snacks category in the U.S.; the transaction is expected to close in the coming weeks.

Ferrara Candy Company Acquires Dori Alimentos from ACON Investments

October 4, 2023

Food & Beverage

Ferrara Candy Company (through holding company CTH) has agreed to acquire Dori Alimentos, a leading Brazilian manufacturer and distributor of sweets and snacks, from a family shareholder group and an affiliate of ACON Investments. The transaction, subject to closing conditions and expected to close in Q4 2023, expands Ferrara's geographic footprint into Brazil; financial terms were not disclosed.

Nestlé Brasil Acquires CRM Group (Owner of Kopenhagen and Brasil Cacau)

September 6, 2023

Food & Beverage

Nestlé Brasil has entered into an agreement to acquire the entire stake held by FIP Dutch (quotaholders: funds managed by Advent International) in the CRM Group, owner of the Kopenhagen, Brasil Cacau and Kop Koffee brands. The deal — subject to CADE approval — will expand Nestlé's presence into premium chocolate retail and store-based consumer experiences; the transaction is expected to close in 2024 and financial terms were not disclosed.

BrightPet Nutrition Group Acquires Bravo! Pet Foods

October 25, 2022

Food & Beverage

BrightPet Nutrition Group, a portfolio company of A&M Capital Partners, has acquired Bravo! Pet Foods, a pioneer in frozen raw and freeze-dried pet diets. The add-on acquisition expands BrightPet's branded portfolio and manufacturing capabilities in the premium frozen and freeze-dried pet food category.

Kelso & Company Acquires Ferraro Foods from Kainos Capital

April 6, 2021

Food & Beverage

Funds managed by Kelso & Company acquired Ferraro Foods, a Piscataway, New Jersey-based specialty foodservice distributor focused on Italian restaurants and pizzerias, from Kainos Capital in April 2021. Ferraro operates seven distribution centers, sources roughly 7,000 SKUs, and serves thousands of independent restaurant customers across the U.S. East Coast; Kelso intends to support continued platform growth and consolidation in the specialty distribution space.

Ferrero Acquires WK Kellogg Co

September 26, 2025

Food & Beverage

Ferrero completed its acquisition of WK Kellogg Co, which became a wholly owned subsidiary. The previously announced deal valued WK Kellogg at $23.00 per share in cash (total enterprise value of $3.1 billion) and supports Ferrero’s strategic growth in North America.