Italy: Ferrero to acquire Ferrara
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 […]
Italy: Ferrero to partner with Unilever on Kinder ice cream
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. […]
France: Ferrero opens new logistics centre
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 […]
Singapore: Ferrero to open first innovation hub in Asia
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, […]
Nicolas Panniez, Category Manager
Ferrero
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 […]
Italy: Ferrero acquires Fannie May
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 […]
France: Ferrero to modernise plant
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 […]
Italy: Ferrero launches 7 million unique edition Nutella jars
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 […]
Italy: Ferrero bids for Delacre – reports
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 […]
UK: Ferrero set to acquire Thorntons in £112 million deal
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 […]