Ferrero SpA
In 2004 CBL acquired a 60% stake in Cecil Food (Pvt) Limited, an organic manufacturer of dehydrated fruit products, fruit juices, desiccated coconut and cashews. In the same year CBL entered into an arrangement with Italian confectionery Ferrero SpA, to manufacture and distribute Ferrero products (such as Nutella, Tic Tac, Ferrero Rocher and Mon Chéri) in the region.