April 6, 2021 |
Swiss food and drink conglomerate Nestlé has received approval to acquire La Fête in Chile, expanding its business into specialty chocolates.
Chile's anti-trust agency FNE said April 1 that it found no issues that the acquisition would limit competition, according to a statement.
Nestlé reached an agreement in late December to buy La Fête, expanding on its range of products in Chile that includes baby food, breakfast cereals, coffee, ice cream and bottled water.
Neither of the companies could be
Swiss food conglomerate gets regulatory approval to acquire La Fête