Ferrara Eyes European Expansion with Potential Acquisition of France’s CPK Group

Ferrara Candy Company’s European holding company has entered exclusive talks to acquire CPK Group, a leading French confectionery manufacturer, from global investment firm Eurazeo.

The proposed deal, still subject to consultation with employee representatives and regulatory approval, is expected to close in Q4 2025. If completed, it would see Ferrara – the U.S.-based sugar candy leader and Ferrero affiliate – gain control of CPK’s portfolio of iconic European brands, including Carambar, Lutti, Krema, and Michoko.

The acquisition would significantly bolster Ferrara’s European footprint, marrying its broad international range of sugar confections with CPK’s established leadership in France and beyond. CPK would continue operating from France, with its four manufacturing facilities in Bondues, Saint-Genest, Strasbourg, and Vichy transferring under Ferrara’s ownership. Over 900 employees are expected to join the Ferrara workforce.

Founded in 2017 through the acquisition of brands from Mondelez and later combined with Lamy Lutti in 2018, CPK operates across candy, milk chocolate (notably Terry’s), and traditional French chocolate brands such as Poulain and 1848.

The move would add to Ferrara’s stable of more than 30 global brands, including NERDS®, Jelly Belly®, SweeTARTS®, and Dori, strengthening its position as a global confectionery player.