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Ferrero buys Brazilian protein-snack maker Bold Snacks to enter better-for-you market.
Ferrero Group has acquired Bold Snacks, a Brazilian protein-snack company founded in 2018, marking its first entry into the better-for-you snacking segment.
The deal, pending customary closing conditions, includes Bold Snacks’ factory and office in Divinópolis, Brazil, and about 300 employees.
The acquisition expands Ferrero’s portfolio of health-focused brands, including Eat Natural, FULFIL, and Power Crunch, as it responds to growing consumer demand for protein and wellness in snacks.
The transaction is expected to close in the coming months.
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Ferrero compra el fabricante brasileño de bocadillos de proteínas Bold Snacks para entrar en el mercado "mejor para ti".