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Ferrero

All the posts published.
1 MIN READ

USA: Ferrero to acquire ice cream maker Wells

December 14, 2022
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Food, Mergers & Acquisitions, North America

Confectionery firm Ferrero Group has announced the acquisition of US ice maker Wells Enterprises as part as Ferrero’s strategy to growth in the ice cream section and Wells’ vision for accelerated growth. Wells will remain a standalone business with its portfolio of brand such us Blue Bunny, Blue Ribbon Classics, Bomb Pop, and Halo Top under Ferrero’s ownership. “Ferrero is a likeminded company with a commitment to providing high-quality, premium …

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1 MIN READ

USA: Ferrero breaks ground on Kinder Bueno facility

November 9, 2022
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Food, Manufacture & Distribution, North America

Global sweet-packaged foods firm Ferrero Group has announced that the company broke ground on its new facility in Bloomington, Illinois. The new Kinder Bueno facility represented an investment of $214.4 million and it will create 200 new jobs, according to the company’s press release. Alanna Cotton, president and chief business officer of Ferrero North America said: “This investment will fuel our momentum in North America, a strategic growth area for …

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1 MIN READ

USA: Ferrero to build new innovation centre in Chicago

July 19, 2022
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Food, Manufacture & Distribution, North America

Confectionery firm Ferrero North America has announced plans to open a 45,000 sq ft Innovation Centre with Strategic R&D Lab in Chicago’s Marshall Field and Company Building. This new facility will merge Ferrero’s R&D teams across the US and house employees from Ferrero’s Old Post Office location, including about 170 cross-functional teams. The Innovation Centre will represent a number of brands from the company’s portfolio including Fannie May, Nutella Cafe, …

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1 MIN READ

UK: Fox’s Biscuits and Burton’s Biscuits to merge

April 5, 2022
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Europe, Food, Mergers & Acquisitions

UK based biscuit companies Fox’s Biscuits and Burton’s Biscuits, owned by Ferrero, are merging into a single business called Fox’s Burton’s Companies UK. According to sources, on the 28th March 2022, the two firms merged and will now be led by Simon Browne, the previous head of Burton’s Biscuits. Simon Browne said: “After many years of looking at one another, we are excited about bringing together two businesses that share …

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1 MIN READ

Spain: Ferrero to acquire remaining share of ICFC

December 2, 2021
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Europe, Food, Mergers & Acquisitions

Italian confectionery group Ferrero has announced the acquisition of remaining shares of the Ice Cream Factory Comaker and relevant group companies (ICFC). Ferrero initially acquired a controlling stake in ICFC in July 2019, to support its long-term strategic goals in the ice cream market. ICFC is a company specialised in private label ice creams distributing its product to several countries. According to the company’s statement, during the last two years, …

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1 MIN READ

UK: Ferrero to acquire Burton’s Biscuit

June 2, 2021
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Europe, Food, Mergers & Acquisitions

Ferrero-relative company has entered into a definitive agreement to acquire Burton’s Biscuit from Ontario Teachers’ for an undisclosed sum. The acquisition will allow the Italian producer to enlarge its offer of sweet biscuits products by adding to its portfolio British iconic brands such as Maryland Cookies, Jammie Dodgers, Wagon Wheels, Paterson’s, and Thomas Fudge’s, in addition to the six manufacturing sites in the United Kingdom, which are located in Blackpool, …

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1 MIN READ

UK: Ferrero to acquire Fox’s Biscuits from 2 Sisters for £246 million

October 7, 2020
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Europe, Food, Mergers & Acquisitions

CTH Invest, a Belgian holding company associated with Ferrero, has entered into an agreement to acquire part of Fox’s biscuit business from 2 Sister Food group for £246 million ($328 million), according to a FoodBev report. Fox’s Biscuits owns brands such as Rocky Bars, Party Rings, Crunch Creams, and also manufactures for private label companies. As part of the deal, CTH Invest will acquire Fox’s manufacturing facilities at Batley and Kirkham in …

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1 MIN READ

USA: Campbell Soup to offload Kelsen Group

July 12, 2019
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Food, Mergers & Acquisitions, North America

Campbell Soup, the leading US food manufacturer, has announced it has signed a definitive agreement to sell the Kelsen Group, a biscuit company that is part of the Campbell International business. to a Ferrero affiliated firm for $300 million. The company said the deal would enable it to reduce its debt burden, adding that the process is now underway to divest the remainder of Campbell International, including the Arnott’s biscuit brand. Based in …

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1 MIN READ

Spain: Ferrero to acquire Ice Cream Factory Comaker

May 29, 2019
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Food, Mergers & Acquisitions

Global confectionery group Ferrero has announced a definitive agreement to acquire a controlling stake in Ice Cream Factory Comaker (ICFC), a Spanish ice cream manufacturer. In a joint press release, Ferrero said the acquisition reinforced its commitment to satisfying consumers’ needs in different categories. ICFC is a global food company specialised in designing and manufacturing ice cream cones, sticks, tubs, lollies and cakes in more than 15 countries. In addition to contract …

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1 MIN READ

USA: Kellogg to sell biscuit, snack brands to Ferrero

April 2, 2019
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Food, Mergers & Acquisitions, North America

Kellogg, the leading US cereal and snacks firm, has announced it has reached an agreement to sell selected biscuit, fruit and fruit-flavored snack, pie crust, and ice cream cone businesses to confectionery firm Ferrero in an all-cash transaction valued at $1.3 billion. The transaction includes Kellogg’s biscuit business, including brands like Keebler, Mother’s, Famous Amos, Murray’s, and Murray’s Sugar Free, as well as biscuits manufactured for Girl Scouts of the USA.  At the operational level, it includes …

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1 MIN READ

USA: Nestle agrees to sell confectionery unit to Ferrero

January 17, 2018
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Food, Mergers & Acquisitions, North America

FMCG multinational Nestle has announced that it has reached an agreement to sell its US confectionery unit to the Italian firm Ferrero for $2.8 billion. The Swiss giant first announced it was conducting a “strategic review” of its confectionery operations in the second quarter of 2017. Since then, the firm has been seeking to refocus its M&A activity on the health & wellness space, as well as high-growth segments such as …

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1 MIN READ

USA: Ferrero launches Kinder brand

November 13, 2017
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Food, North America, Products

Ferrero, the Italian chocolate spread and confectionery firm, has announced the debut of its Kinder brand in the USA with the launch of chocolate novelty Kinder Joy. Kinder Joy is described an egg-shaped product containing sweet milk-cream flavour and cocoa flavours in one half, and a toy in the other.  Currently sold in 170 countries, the Kinder brand offers a range of confectionery products that includes chocolate bars and surprise-filled treats. Commenting on …

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1 MIN READ

Italy: Ferrero to acquire Ferrara

October 19, 2017
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Europe, Food, Mergers & Acquisitions

Global confectionery group Ferrero is to acquire Ferrara, the third-largest US non-chocolate confectionery company, for an undisclosed amount. Ferrara produces confectionery products as Trolli gummy sweets, Brachs seasonal sweets, and Black Forest Organics organic fruity sweets. “We are pleased to announce this agreement with Ferrero, which will enable the continued growth and momentum behind our iconic and well-loved brands”, said Ferrara CEO Todd Siwak. “Joining forces with Ferrero gives us …

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1 MIN READ

Italy: Ferrero to partner with Unilever on Kinder ice cream

October 17, 2017
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Europe, Food, Products

Confectionery and nut butter firm Ferrero is to partner with FMCG multinational Unilever to bring the Kinder chocolate brand to the ice cream category, according to a report in La Stampa. Under the terms of the agreement, Ferrero will license the Kinder brand to Unilever, who in turn will take responsibility for production and distribution. The brand range will reportedly be launched in cup, stick, cone and sandwich formats, with …

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1 MIN READ

France: Ferrero opens new logistics centre

July 13, 2017
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Europe, Food, Manufacture & Distribution

Italian confectionery multinational Ferrero has partnered with SPI Logistic to open a new logistics and packaging centre in France. The new facility is said to be equipped with the latest technology, allowing Ferrero to receive real-time information on the operation of its products and also allowing SPI Logistic control the operating parameters of the site. According to information, the facility will have around 10 semi-automated and automated lines to package Ferrero …

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1 MIN READ

Singapore: Ferrero to open first innovation hub in Asia

June 19, 2017
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Asia Pacific, Food, Manufacture & Distribution

Ferrero, the Italian manufacturer of chocolate and confectionery products, has opened an innovation centre to develop new products in Singapore. According to a company statement, the hub has been created to develop innovation functions in areas as health and nutrition, new raw materials and product research and development, consumer insight and foresight activities. Giovanni Ferrero, chief executive officer of Ferrero, commented: “Innovation has always been a core value for Ferrero. …

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1 MIN READ

Nicolas Panniez, Category Manager
Ferrero

April 20, 2017
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Europe, Food, Interviews

Gama spoke to Nicolas Panniez, Category Manager, Ferrero. How is the way food companies are looking to reach and engage with consumers changing? How can a brand successfully resonate with consumers? Companies and their brands need to be flexible in their marketing mix and continuously monitor changing consumption and shopping behaviour. Gathering data and translating this into actionable insights is and will remain key to developing strategic brand, category, customer …

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1 MIN READ

Italy: Ferrero acquires Fannie May

March 16, 2017
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Europe, Food, Mergers & Acquisitions

Italian confectionery giant Ferrero has announced the acquisition of US chocolate brand manufacturer Fannie May for $115 million  in cash. Fannie May’s products, which include brands like Fannie May and Harry London, are mainly distributed through the e-commerce site 1-800 Flowers.com. “Fannie May represents a strong strategic and cultural fit for Ferrero and we are happy that Fannie May’s talented people, premium brand and quality products will become part of …

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1 MIN READ

France: Ferrero to modernise plant

February 14, 2017
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Europe, Manufacture & Distribution

Ferrero France, the subsidiary of the Italian confectionary giant Ferrero Group, has announced an investment of €38.5 million ($40.6 million) to extend and upgrade its factory in Villers-Ecalles overthe next five years. Ferrero said that the decision was the result of a policy of continuous modernization undertaken by the company in the last five years and includes the construction of a new storage building of nearly 6500 sq m and the …

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1 MIN READ

Italy: Ferrero launches 7 million unique edition Nutella jars

February 7, 2017
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Europe, Marketing, Packaging

Ferrero, the Italian manufacturer of chocolate and confectionery products, is introducing a limited edition Nutella jars by using special technology to create unique patterns. The technology, which is claimed to have taken two years to develop, is described as applying a combination of “zoom” and “random rotations” to a set of 12 different patterns to generate a unique design of colours and shapes. Jars feature individual serial numbers and are …

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1 MIN READ

Italy: Ferrero bids for Delacre – reports

August 2, 2016
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Europe, Food, Products

Ferrero, the Italian confectionery firm, has submitted a bid to buy the Belgian bakery company Delacre, according to reports in Italian newspaper La Stampa, quoted in the wider media. Reports of talks between Delacre and Ferrero first emerged last month, but these were said to have been played down at the time. Were a deal to go through, it would expand Ferrero’s reach into the biscuit category, outside of its primary …

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1 MIN READ

UK: Ferrero set to acquire Thorntons in £112 million deal

June 26, 2015
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Europe, Food

Ferrero, the Italian manufacturer of chocolate and confectionery products, has bought British chocolate producer and retailer Thorntons for £112 million ($176 million). The Italian company has said it will pay 145p per share, having originally secured a stake in the business of just under 30%. Thorntons achieved sales of £222.4 million ($350 million) and profits of £7.5 million ($11.8 million) in 2014. Thorntons chairman Paul Wilkinson said: “Ferrero is offering …

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1 MIN READ

USA: Ferrero to launch flavour-changing Tic Tac sweets

May 27, 2015
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Food, North America

Confectionery firm Ferrero has launched new a version of its Tic Tac sweets that are claimed to create a “flavour changing experience”. According to Bloomberg, Tic Tac Mixers are aimed at “young consumers who hate being bored” and is the company’s first major innovation since 2008. Todd Midura, Marketing Director for Tic Tac in the USA, commented on the launch by saying: “it was really born from looking at consumer …

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1 MIN READ

Italy: Ferrero to develop new packaging based on hazelnut shells

May 11, 2015
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Europe, Food, Packaging

Ferrero, which purchases a quarter of the world’s hazelnut supply and produces 180 million kg of Nutella chocolate spread per annum, is collaborating with Stora Enso, and PTS, a German research institute, to develop a  new material called EcoPaper which is based on waste hazelnut shells. Miguel Sanchez, mill manager at Stora Enso, describes that the research involves working on the ideal mixture of nutshell fibres in the pulp, saying: …

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1 MIN READ

China: Ferrero to open first factory

March 30, 2015
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Food

Ferrero SpA, the world’s fourth largest chocolate manufacturer, has announced that it is to begin construction of its first factory in China, to be completed in the first half of 2015.  Among the major confectionery companies that currently dominate the Chinese chocolate market – Mars, Nestle, Ferrero and local brand Le Conté – Ferrero is the only one without a facility in the country.  The construction of the factory is …

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1 MIN READ

India: Ferrero to launch Schoko Bons Crispy brand

October 23, 2014
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Asia Pacific, Food

The Italian chocolate maker Ferrero is due to launch its fifth brand in India –  Schoko Bons Crispy. The launch, a chocolate wafer bar, was developed by Ferrero’s Indian team and follows the company’s first localised product – an elaichi flavour for Tic Tac mints. Commenting on the launch, Emanuele Fiordalisi, Marketing Head at Ferrero India, stated that the firm was focusing on localized innovation in terms of both products …

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1 MIN READ

Turkey: Ferrero buys nut producer Oltan Gida

July 8, 2014
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Food

Oltan Gida, the largest hazelnut company in Turkey, has been acquired by Italian confectionery firm Ferrero, according to reports. Oltan Gida has been the largest hazelnut exporter in Turkey since 2002, and in 2013 achieved sales of $500 million and total exports of 68,000 tonnes. Earlier this year the company invested TL 100 million in its facility in Turkey’s Manisa province in order to expand the plant’s product range. The …

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