Nestlé acquires Ruzskaya Confectionery Factory

Nestle SA said its Russian subsidiary Nestlé Rossiya has acquired Ruzskaya Confectionery Factory (RKF) for an undisclosed sum. Completion of the transaction is subject to the usual regulatory approvals by the Russian Federation authorities. RKF offers consumers a wide range of chocolate products under the Сomilfo and Ruzanna brands. With sales of about USD 51 m in 2006 and an estimated 40% organic growth rate for 2007, RKF is a leading premium chocolate producer in Russia. Once the acquisition is completed, about 1,000 RKF employees, with their specific know-how, will join Nestlé Rossiya.


Nestlé plans to extend the production capacity of RKF, which is located in the Ruza district near Moscow. With its strong supply and distribution network, Nestlé will bolster the presence of the acquired brands in Russian regions outside Moscow and Saint Petersburg. Over the past 13 years, Nestlé has built up a strong presence in Russia with over 10,000 employees and 13 factories. With double-digit growth rates and sales of more than CHF 1.6 bn in 2006, Nestlé Rossiya is market leader in Russia in coffee, chocolate, culinary products and infant nutrition, and is making good progress in pet food and ice cream.