Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Ferrero absorbs Michel & Augustin into Fine Biscuits
PRIVATEJul 30, 2026•10 days ago
Acquiring Company
Fine Biscuits Company Group
Acquired Company
Michel & Augustin
BelgiumFranceManufacturingFood and BeverageManufacturingFood and Beverage
Description
Ferrero has announced the absorption of Michel & Augustin into Fine Biscuits Company Group following Delacre's substantial losses. This strategic move is aimed at strengthening brand portfolios and improving operational efficiency. Michel & Augustin will cease to be an independent entity while continuing to maintain its brand identity. The acquisition is expected to enhance production capabilities and access to Delacre's manufacturing resources.
Company Information
Company
Fine Biscuits Company Group
Location
Belgium
About
Fine Biscuits Company Group is a subsidiary of Ferrero that specializes in premium biscuit manufacturing. It operates iconic brands like Delacre and has a strong focus on innovation and brand development. The company is committed to high-quality product offerings and maintaining a strong presence in the European biscuit market.