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Nestle (NSRGY.PK, NSTR.L) has announced an agreement with Advent International to acquire a majority stake in Grupo CRM, in Brazil. Grupo CRM has more than 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands. ....
ZURICH (Reuters) -Nestle is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday, as it seeks to expand into luxury confectionary. Grupo CRM operates more than 1,000 chocolate boutiques in Brazil under the Kopenhagen and Brasil Cacau brands and has a growing online presence, Nestle said. ....