Ferrara Engages in Exclusive Talks with Eurazeo for Acquisition of CPK
Deal News | Jul 11, 2025 | PR Newswire Cision Ferrara
Ferrara Candy Company, a major player in the confectionery sector in the United States, has announced that it has entered exclusive negotiations with global investment firm Eurazeo to acquire the French confectionery group CPK. This acquisition aims to expand Ferrara's portfolio by adding the European leader in consumer confectionery and chocolate. Ferrara, affiliated with the Ferrero Group, plans to complete the transaction by Q4 2025, pending necessary regulatory approvals and consultation with the concerned employee representatives. The strategic acquisition would integrate CPK's strong foothold in the European market with Ferrara's extensive portfolio of confectioneries, enhancing the company's growth trajectory. CPK, founded from Mondelez International brands' acquisition and a subsequent merger with Lamy Lutti, boasts major brands in confectionery and chocolate segments, indicating significant growth potential. Upon completion, CPK's operations and its workforce of over 900 individuals would transition to Ferrara's stewardship, but continue being managed from France.
Sectors
- Confectionery
- Private Equity
Geography
- United States – Home base of Ferrara Candy Company, a significant player in the confectionery market.
- France – The location where CPK operates and will continue managing its operations post-acquisition.
- Europe – The broader market where CPK holds a strong position and which Ferrara aims to enter more robustly through this acquisition.
Industry
- Confectionery – This industry encompasses businesses involved in manufacturing and distribution of sweets, chocolates, and candies, relevant here as both Ferrara and CPK are major players in the confectionery sector.
- Private Equity – Relevant due to the involvement of Eurazeo, a global investment firm, in exclusive acquisition discussions, reflecting typical private equity transaction activities.
Financials
- Finalization expected Q4 2025 – The projected timeline for the completion of Ferrara's acquisition of CPK, subject to regulatory approvals.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ferrara Candy Company | Bidding Company | Company | A major U.S. confectionery manufacturer affiliated with the Ferrero Group, known for brands like NERDS®, Jelly Belly®, and SweeTARTS®. |
| Eurazeo | Other | Company | A leading global private equity firm involved in the acquisition discussions with Ferrara for CPK. |
| CPK Group | Target Company | Company | A French confectionery leader with a strong European presence, formed from the acquisition of Mondelez International brands and a merger. |
| Marco Capurso | Executive | Person | President and CEO of Ferrara Candy Company, voicing enthusiasm about the potential acquisition. |