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Top related persons:
Angus Thirlwell - 2 Thirlwell - 2 Peter Harris - 2 Peter Nicholls - 1 Sarah Young - 1 Kate Holton - 1 James Davey - 1 — - 1
Top related locs:
London Chocolat Japan Britain Saint Lucia British Chocolat's Peel
Top related orgs:
REUTERS - 1 Mars Inc - 1 Thomson - 1 Service - 1 British - 1 London Stock Exchange - 1 Bloomberg - 1

Search resuls for: "Chocolat's"


2 mentions found


☆ Mars to buy Britain's Hotel Chocolat for $662m
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
Hotel Chocolat products are seen on sale at Rabot 1745, in London, Britain December 1, 2017. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON, Nov 16 (Reuters) - Britain's Hotel Chocolat (HOTC.L) agreed to a 534 million pound ($662 million) takeover offer from Mars Inc on Thursday, the specialist chocolatier succumbing to the U.S. food giant with international expansion in mind. Set up twenty years ago, Hotel Chocolat aimed to make chocolate exciting by bringing ethical affordable luxury to the British high street, and joint founder Angus Thirlwell remains chief executive to this day. Thirlwell, who will stay on with the business under family-owned Mars, said growth would be faster under new ownership. By partnering with Mars, we can grow our international presence much more quickly," he said in a statement.
Persons: Peter Nicholls, Angus Thirlwell, Thirlwell, Peter Harris, Sarah Young, Kate Holton, James Davey Organizations: REUTERS, Mars Inc, Thomson Locations: London, Britain, Chocolat, Saint Lucia, Japan
☆ Hotel Chocolat's cofounders are about to become $180 million richer after Mars made a takeover bid
  + stars: | 2023-11-16 | by ( Chris Johnston | ) www.businessinsider.com   time to read: +3 min
Mars is offering almost $700 million to buy Hotel Chocolat. AdvertisementThe cofounders of Hotel Chocolat stand to become about $180 million richer after Mars offered to buy the upmarket chocolatier for £534 million ($673 million.) Thirlwell stands to make £91 million ($112 million) and Harris £53 million ($65 million) from the Bounty and Mars maker's offer. Hotel Chocolat has 131 stores in the UK. Mars would keep the company "special" while helping it grow, Clarke told Bloomberg, including opening more Hotel Chocolat stores in the UK.
Persons: Angus Thirlwell, Peter Harris, —, Thirlwell, Harris, Peter Dazeley, Andrew Clarke, Mars Snacking, Clarke Organizations: Service, British, London Stock Exchange, Bloomberg Locations: British, Chocolat, Chocolat's, Japan, Peel, London
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