Angus Thirlwell
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| Founded | Hotel Chocolat |
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| Date of Reg. | |
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| ID | 2522693 |
About Angus Thirlwell
Mars to buy Hotel Chocolat to help expansion overseas
Confectionary giant Mars has announced it will buy Hotel Chocolat for £534m to help the UK company expand overseas.
Hotel Chocolat said The Deal would allow the brand to " grow further and faster".
" We know our brand resonates with consumers overseas, but operational supply chain challenges have held us back. " said Hotel Chocolat chief executive Angus Thirlwell .
The Company is mostly based in the UK, but has some shops overseas.
Mr Thirlwell said: " By partnering with Mars, we can grow our international presence much more quickly using their skills, expertise and capabilities. "
In its most recent full-year results, Hotel Chocolat said sales had fallen although it trimmed pre-tax losses.
Related TopicsSource of news: bbc.com
