Lindt & Spruengli AG, the world’s largest producer of premium chocolate, agreed to acquire Russell Stover Candies Inc. to become the third-biggest chocolate producer in North America.

The purchase brings Lindt’s golden foil-wrapped Easter bunnies together with a brand whose standing in the U.S. candy market was elevated by its appearance in the 1994 movie Forrest Gump. The price wasn’t disclosed though Kilchberg, Switzerland- based Lindt said the acquisition is the biggest in its history.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.