Ferrero

Fox's Biscuit acqusition slides Ferrero into second spot on the global sweet biscuit market. Pic: GettyImages/martinrlee

2 Sisters slides Fox’s to Ferrero

By Gill Hyslop

UK-based 2 Sisters Food Group (2SFG) has agreed to a partial sale of Fox’s Biscuits to Ferrero in a deal valued at £246m.

Kellogg's cookie brands. Pic: Kellogg's

News in brief

Race for Kellogg’s cookie, fruit snacks businesses nearing the end

By Gill Hyslop

Twinkie-maker Hostess Brands and Ferrero are reportedly the frontrunners in the race to buy Kellogg’s Keebler, Famous Amos, Murray and Mother’s cookie businesses, as well Stretch Island fruit snacks business, in a roughly $1.5bn deal.