Brussels, 27 October 2025
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of CPK SAS of France by the Ferrero Group (‘Ferrero’) of Luxembourg.
The transaction relates primarily to the manufacturing and sale of chocolate confectionery, sugar confectionery and sweet spreads, among others.
The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active. Based on its market investigation, the Commission found that the companies are not perceived as close competitors and are constrained by several credible competitors, including private label products, in all relevant markets. The Commission also assessed the conglomerate links resulting from the transaction and found that that the transaction, as notified, would not significantly reduce competition or increase Ferrero’s bargaining power vis-à-vis retailers. The notified transaction was examined under the normal merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.12086.