Lindt & Spruengli looks for more acquisitions
Lindt & Spruengli, the listed Swiss chocolate group, is looking for more acquisitions, Finanz und Wirtschaft reported. The Swiss bi-weekly cited Lindt Chief Executive Ernst Tanner, who said he is looking for more buys though he noted opportunities are rare. Lindt & Spruengli announced the acquisition of US chocolate maker Russell Stover earlier this week, the report stated.
Lindt & Spruengli had a net liquidity of over CHF 724m at the end of 2013, the report noted.
Source Finanz und Wirtschaft