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Covington Advises Mars on £534m Acquisition of Hotel Chocolat Group

Press Release November 16, 2023

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  • Covington Advises Mars on £534m Acquisition of Hotel Chocolat Group

Covington Advises Mars on £534m Acquisition of Hotel Chocolat Group

November 16, 2023

WASHINGTON—Covington advised Mars, Incorporated on food regulatory matters in connection with its £534 million ($662 million) acquisition of Hotel Chocolat, a UK chocolate manufacturer and retailer.

Mars is one of the world’s largest family-owned food companies and a leading manufacturer of chocolate, chewing gum, mints, confections, and pet care products, including brands like M&Ms, Snickers, Dolmio, Extra, Kind, and Pedigree that are enjoyed in more than 180 countries.

Hotel Chocolat is a premium British chocolate maker with a distinctive direct-to-consumer brand. The business was founded in 1993 by Angus Thirlwell and Peter Harris, and has traded under the Hotel Chocolat brand since 2003.

The Covington team advising on food regulatory due diligence matters included Deepti Kulkarni, Cory Trio, and Rachel Nixon, with Laura Kim and Lindsay Brewer providing ESG claims advice, and Brian Kelly and Katharina Ewert advising on UK HFSS matters.

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