Ferrero , the Italian sweet-packaged foods company, has signed an agreement to acquire Boulder (CO)-based wellness and better-for-you food business Purely Elizabeth. Founded in 2009, Purely Elizabeth produces a portfolio of granola, oatmeal, cereals and protein products. The company has reportedly more than doubled its sales over the past two years. Following the transaction, Purely Elizabeth will continue to operate as a standalone brand within the Ferrero group, with founder and …
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Ferrero Mexico, the local division of the Italian confectionery group is set to invest $86 million through 2027 in its manufacturing facility located in San Jose Iturbide, Guanajuato. The capital allocation will expand production capacity, upgrade energy infrastructure from medium to high voltage, strengthen logistics networks and increase export volumes. The operational expansion will initially generate roughly 60 direct jobs in Guanajuato and will virtually double the plant’s installed annual …
Ferrero France, the French subsidiary of the Italian confectionery group, has announced a new €30 million ($32.1 million) investment at its Nieppe factory in Hauts-de-France, operated by affiliated company Biscuits Delacre, to launch Nutella Cookies. This funding will back the installation of a production line unique to the European market. The announcement marks the latest stage of a broader industrial plan by the group, which has invested nearly €210 million …
Ferrero , the sweet-packaged food company, has unveiled plans to debut an all-new “Wonka” branded product range alongside an exclusive global partnership with Netflix. According to a company press release, the manufacturer will roll out a series of ten seasonal and limited-edition products across chocolate, sugar confectionery, ice cream and cereals. The initial products are scheduled to hit stores from this autumn. They will be available in the USA and …
Ferrero North America, the US division of the Italian confectionery giant, has officially started manufacturing its new Nutella Peanut spread at its facility in Franklin Park (IL). The launch represents the first time a Nutella-branded product has been manufactured in the United States. According to the company, the new spread is a blend of hazelnuts and peanuts, utilizing hazelnuts from Oregon and peanuts sourced from Georgia and other south-eastern states. The …
Ferrero Group, the global confectionery firm, has announced an agreement to acquire Bold Snacks, a Brazilian producer of protein-rich snacks. Based in Divinopolis, Minas Gerais, Bold Snacks was founded in 2018 and specialises in the ‘better-for-you’ segment with a portfolio that includes protein bars and whey protein powders. The company currently employs approximately 300 people. While Ferrero has operated in Brazil since 1994, the move marks the group’s first direct …
Ferrero, the Italian confectionery group, is investing €140 million (approximately $162 million) to modernize its Ice Cream Factory Comaker (ICFC) plant in Alzira, Valencia, transforming it into its new European technology hub for ice cream development. The substantial investment is part of a long-term growth plan to strengthen the company’s branded ice cream portfolio across Europe, which currently includes products based on iconic brands such as Nutella, Ferrero Rocher, Raffaello …
Confectionery firm Ferrero has announced that it has entered into a definitive agreement to acquire WK Kellogg, the US breakfast cereal manufacturer, for $3.1 billion. Commenting on the move, Ferrero Group executive chairman Giovanni Ferrero said: “Over recent years, Ferrero has expanded its presence in North America, bringing together our well-known brands from around the world with local jewels rooted in the U.S. Today’s news is a key milestone in …
Ferrara, a subsidiary of confectionery giant Ferrero, has announced it has entered into exclusive discussions to acquire CPK Group, a French manufacturer and distributor of sweets and chocolates, from investment firm Eurazeo. The deal, to be transacted via a European holding company of Ferrara, would aim to combine CPK’s strong position in the European confectionery market with Ferrara’s broad portfolio of sugar confections and history of breakthrough innovation and value creation, …
Ferrero, the Italian-based confectionery firm, is investing €95 million ($108 million) to upgrade an existing facility in Villers-Ecalles, in northern France, that manufactures Nutella hazelnut spread. According to reports in Le Figaro and ESM, the investment will go towards two new warehousing units, as well as other “modernisation” works. The new investment comes on the back of €36 million ($41 million) announced for upgrades to the plant in 2022, and €42 …
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