D\u00fcssel\u00addorf \u2014 McDer\u00admott Will & Emery has advi\u00adsed KR\u00dcGER GROUP on the acqui\u00adsi\u00adtion of the rights to the Kaba, Suchard Express and Benco cocoa brands. KR\u00dcGER is acqui\u00adring the brands from the French confec\u00adtion\u00adery company Caram\u00adbar & Co. The tran\u00adsac\u00adtion is expec\u00adted to be comple\u00adted in early 2024.<\/p>\n
KR\u00dcGER plans to gradu\u00adally inte\u00adgrate produc\u00adtion of the three brands, which include cocoa-based powde\u00adred bever\u00ada\u00adges as well as powde\u00adred bever\u00ada\u00adges for fruit-mix milk drinks, choco\u00adlate bars, and ready-to-drink choco\u00adlate milk, start\u00ading next year; the focus will then be on laun\u00adching new products.<\/p>\n
The KR\u00dcGER GROUP is a leading company in the food indus\u00adtry with more than 5,000 employees and sales of appro\u00adxi\u00adm\u00adately 2.3 billion euros. The product port\u00adfo\u00adlio of the globally active family company includes bever\u00ada\u00adges, confec\u00adtion\u00adery and choco\u00adlate products, infant nutri\u00adtion, dietary supple\u00adments, OTC and phar\u00admaceu\u00adti\u00adcal products, and food ingredients.<\/p>\n
The French company Caram\u00adbar & Co. gene\u00adra\u00adtes annual net sales of around 400 million euros with 14 brands. Katjes Inter\u00adna\u00adtio\u00adnal, the invest\u00adment arm of confec\u00adtion\u00adery manu\u00adfac\u00adtu\u00adrer Katjes Group, has a stake of around 23 percent in Caram\u00adbar & Co.<\/p>\n
McDer\u00admott regu\u00adlarly advi\u00adses KR\u00dcGER GROUP on inter\u00adna\u00adtio\u00adnal tran\u00adsac\u00adtions and natio\u00adnal and inter\u00adna\u00adtio\u00adnal anti\u00adtrust and compe\u00adti\u00adtion law issues.<\/p>\n