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Announced

Ferrero Group to acquire Power Crunch.

Synopsis

Ferrero Group, a global food company, agreed to acquire Power Crunch, a producer of protein snacks, including a variety of wafer bars as well as high-protein crisps. Financial terms were not disclosed. "Power Crunch joining Ferrero is an amazing opportunity. The company's commitment to quality and ambitions in the better-for-you snacks category will help bring Power Crunch to more consumers than ever before," Kevin Lawrence, Power Crunch Founder and CEO.

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