CTH Invest $300 million acquisition of Kelsen Group

12/7/2019

Private acquisition

Value:

$ 300 million

Status:

Announced

Date:

12/7/2019

Overview:

Belgian holding company CTH Invest, a Ferrero affiliate, has announced that it will acquire the Danish unit Kelsen Group from Campbell Soup Company for $300 million.
Kelsen Group is known for its cookies which are sold globally under various brands, including Kjeldsens and Royal Dansk.

Prin Shasiharan - Researcher

Jurisdictions:

United States
Colombia
Belgium
Denmark

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Food and beverage

Firms:

Davis Polk & Wardwell

Party: Ferrero (Acquirer)

Lawyers: Daniel Brass, Daniel Brass

Plesner

Party: Ferrero (Acquirer)

Lawyers: Henrik Laursen, Thomas Holst Laursen

Weil Gotshal & Manges

Party: Campbell Soup (Seller)

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