Acquisitions · Chocolate
Fuji Oil buys Chicago chocolate maker Blommer for about $750 million
- Buyer
- Fuji Oil Holdings (Osaka)
- Target
- Blommer Chocolate Company, Chicago, Illinois
- Value
- About $750M (enterprise value about ¥85B)
- Status
- Completed on January 29, 2019.
- Date
- 2018-11-19
Fuji Oil Holdings bought Blommer Chocolate Company, a Chicago maker of chocolate and cocoa products for food companies. Blommer did not disclose terms, and reports citing Fuji Oil's filings put the price at about $750 million, an enterprise value of about ¥85 billion.
Why it matters
Blommer added a large North American business to Fuji Oil's industrial chocolate operations.
Sources
Kakehashi M&A News home
