Pursuits

Lindt CEO Remains Hungry for Chocolate Acquisitions

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Lindt & Spruengli AG is seeking more acquisitions after buying Russell Stover Candies Inc., and the Swiss maker of premium chocolates is taking advantage of plummeting currencies to expand in Brazil and Russia.

Future deals will be smaller than the 1.5 billion Swiss-franc ($1.6 billion) Russell Stover acquisition last year, Chief Executive Officer Ernst Tanner said in an interview. He declined to name targets or specify where Lindt is looking, though Tanner said the Kilchberg, Switzerland-based company sees Brazil, Russia and Japan as attractive markets.