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Friday, December 21, 2007

Godiva Sold To The Largest Consumer-Goods Company in Turkey

3783godivagoldboxCampbell Soup Company has approved the sale of its Godiva Chocolatier business to Turkish company Yildiz Holding for $850 million, after considering several other proposals from companies, including Starbucks, Hershey and Wm. Wrigley Jr. Co. over the past several months. Godiva will become part of Yildiz-owned Ulker Group, the largest consumer-goods company in Turkey.

Source: The Washington Post

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