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Announced

Ferrero to acquire stake in Ice Cream Factory Comaker.

Synopsis

Ferrero, an Italian manufacturer of branded chocolate and confectionery products, agreed to acquire stake in Ice Cream Factory Comaker, a Spanish ice cream manufacturer. As part of Ferrero’s commitment to satisfying consumers’ needs, Ferrero is constantly evaluating new opportunities in different product categories. Financial terms were not disclosed. A Ferrero spokesperson said: "As part of Ferrero's commitment to meet the needs of consumers, Ferrero is constantly evaluating new opportunities in different product categories."

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