Mars acquires Hotel Chocolat in £534m deal
Confectionery giant Mars has acquired British chocolate brand Hotel Chocolat in a deal worth £534m.
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Confectionery giant Mars has acquired British chocolate brand Hotel Chocolat in a deal worth £534m.
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Hotel Chocolat founders Peter Harris and Angus Thirlwell (pictured), who founded the firm in 1993, each own 27% stakes which are now worth £140m.
Previously vice president of business development at Mars Snacking.
Kevin's Natural Foods: The deal values private equity-backed Kevin's at nearly $800 million, according to people familiar with the matter. Kevin's started exploring options, which included a sale of the company, earlier this year.