AFX News Limited
Italy's Perfetti Van Melle agrees to buy Spain's Chupa Chups for undisclosed sum
07.03.2006, 04:45 AM



MADRID (AFX) - Italian candy multinational Perfetti Van Melle has agreed to acquire Spain's Chupa Chups lollipop and Smints mints brands for an undisclosed sum, the two companies said.

In a joint statement, Perfetti and Chupa Chups said the Spanish company's headquarters will be maintained in Catalonia and its production bases in Spain.

According to today's La Vanguardia, the sale is estimated to be worth some 400 mln eur.





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