Tag Archives: Ferrero Group

Ferrero Completes $1.3 Billion Acquisition of Kellogg’s Cookies and Fruit Snacks Businesses

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The Ferrero Group and its related companies (“Ferrero”), announced that it has completed its previously announced acquisition of Kellogg’s cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses for $1.3 billion. The acquired brands represent a portion of Kellogg’s North America snacking business. Specifically, it includes select cookies businesses, including brands like Keebler, Mother’s, Famous Amos, Murray’s,… Read more »

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Ferrero gains award recognition at Sweets and Snacks Expo

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Global confectionery group Ferrero claimed a new product accolade for its new Tic Tac X-Freeze mints at the Sweets and Snacks Expo, as part of several key launches at the show in Chicago. Speaking to Confectionery Production at the US event, Paul Chibe, the company’s president and chief executive of its north American operations, welcomed the honours for its new… Read more »

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Ferrero to invest $91.7 mln in Russian confectionery business

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Ferrero is preparing major expansion in its Russian confectionery market operations during next decade, reports Eugene Gerden, exclusively from Russia, for Confectionery Production Global confectionery group Ferrero is aiming to invest up to €80 million in its Russian confectionery business, according to latest reports. As part of its plans, the majority of funds are considered to be focused on the… Read more »

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Nestle to sell US confectionery business to Ferrero for $2.8bn

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Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. In 2016, the US confectionery business earned around $900m for the group. Some of the well-known chocolate brands of Nestle… Read more »

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Ferrero close to buying Nestlé’s US confectionery unit

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Ferrero is reportedly close to buying Nestlé’s US confectionery business in a deal which is expected to reach $2.8 billion. The Italian company, which produces Nutella, Tic Tacs and Ferrero Rocher, is keen to expand its business in the US following last year’s purchases of Ferrara Candy – the third-largest manufacturer of non-chocolate confectionery in the US – and boxed… Read more »

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Ferrero Wins Against Delhaize in Misleading Palm Oil Advertising Case

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International food retail group Delhaize has been ordered by a Belgian National Court to stop using “misleading communication” against palm oil following an appeal in Brussels brought by Italian confectionery giant Ferrero. Earlier this month the Belgian Court of Appeal declared that the Belgian supermarket chain must ditch using incorrect communication in relation in palm oil following claims in its… Read more »

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Ferrero Group: Announces New Governance Set up

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The Ferrero Group has decided to undertake a new governance set up to strengthen its competitive position in the chocolate and sweet packaged food market worldwide and accelerate growth momentum.

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Meeting retailers’ needs

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DHL Supply Chain has been helping Ferrero UK to meet the high demand of retailers across the UK this Christmas by packing and distributing millions of chocolate products across the country.

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