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U S chocolate giant Mars to acquire UK s Hotel Chocolat for $662m

U S chocolate giant Mars to acquire UK s Hotel Chocolat for $662m
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UK s Hotel Chocolat acquired by U S chocolate giant Mars for $662m

UK s Hotel Chocolat acquired by U S chocolate giant Mars for $662m
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Mars to buy UK s Hotel Chocolat for $662m

Mars to buy UK s Hotel Chocolat for $662m
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Mars to Purchase British Chocolate Manufacturer for $662M

Hotel Chocolat slips into the red as consumer spending on luxury products declines

Shares in Luxury UK chocolate maker Hotel Chocolat dropped 19% at the end of last week after it announced in a statement on Friday (23 June) it is expected to turn a loss in the current financial year. Revenue of £201.8m and underlying profit before tax of £0.3m for the 2023 financial year is anticipated, it said.

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