Ferrero SpA
In January 2018, Rhône Capital entered a binding offer to acquire Nestlé’s US confectionary business, joining a $2.5 billion race that includes Italy’s Ferrero SpA and The Hershey Company. The sale includes established brands such as Butterfinger, Nerds, Laffy Taffy, and Crunch chocolate bars. Nestlé was advised by Goldman Sachs on the sale process.