Swiss chocolate manufacturer Lindt & Sprüngli is sweetening its confectionary portfolio, announcing it has reached a definitive agreement to purchase Russell Stover Candies, Inc.
“This biggest and most important strategic acquisition to date in Lindt & Sprüngli's history is a unique opportunity for us to expand our North American chocolate business and will greatly enhance the group's status in the world's biggest overall chocolate marketplace,” said Ernst Tanner, chairman of the Lindt board of directors and company CEO.