Cereal bar company acquisition

The Spanish group Delaviuda Confectionery Group, which specialises in turrón, marzipan and chocolates, has increased its stake in French company Artenay Bars, SAS, to 82%. Artenay Bars specialises in the production of cereal bars and crunchy muesli.

The move is a bid to strengthen the group’s commitment to diversification. The increased stake is another step in the process that began in 2009 when Delaviuda acquired 50% of Artenay Bars.

Artenay Bars has 5 production lines distributed between France and Spain manufacturing a variety of cereal bars and crunchy muesli.