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Monday 25 November 2024
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Ferrero

Chocolate

Nestlé agrees to sell U.S. confectionery business to Italian Ferrero

Desk3 -
VEVEY, Switzerland – Nestlé yesterday announced that it agreed to sell its U.S. confectionery business to Ferrero. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. Nestlé CEO Mark Schneider commented: "With Ferrero we have found an exceptional home for our U.S. confectionery business ...
Chocolate

Ferrero and Hershey are the front-runners for Nestlé’s U.S. candy business

Desk3 -
U.S.-based The Hershey Co and Italy’s Ferrero Group both submitted final bids on Friday to acquire Nestlé's U.S. confectionery business, Cnbc reported on Monday. The...
Chocolate

Ferrero completes acquisition of Ferrara Candy Company from L Catterton

Desk3 -
LUXEMBOURG & OAKBROOK TERRACE, Ill., U.S. – The Ferrero Group (“Ferrero”), a global confectionary group, has announced that a Ferrero affiliated company has completed...
Chocolate

Ferrero International to join The Bridge at Cornell Tech in New York

Desk3 -
NEW YORK - Forest City New York today announced that Ferrero International S.A., the Italian confectionary group and one of the world’s largest manufacturers of chocolates, will take space at The Bridge at Cornell Tech. The Bridge is a first-of-its-kind building that will house an extraordinary mix of cutting-edge companies working alongside ...
Chocolate

Nutella maker rumoured to be targeting Nestlé’s sweet confectionery

Desk3 -
MILAN – Ferrero SpA, the maker of Nutella spread, and the third biggest chocolate producer and confectionery company in the world, has the sweet snack division of Nestlé U.S. in its sights, according to reports. For Ferrero, this would be an unprecedented attack on the lucrative U.S. market as well as its biggest takeover in its history ...
Chocolate

Ferrero to open its first Nutella Café near Chicago’s Millennium Park

Desk3 -
ARSIPPANY, N.J., U.S. – Get ready, Chicago! Ferrero, the makers of Nutella, The Original Hazelnut Spread, is pleased to announce the opening of their first owned and operated restaurant, the Nutella Cafe! Whether you're grabbing coffee on the way to work or looking for a neighborhood lunch spot, the new ...
Chocolate

At long last, Kinder Eggs are officially coming to the United States!

Desk3 -
WASHINGTON, U.S. – Starting in 2018, anyone in the U.S. will be able to pick up a Kinder Egg without having to worry about incurring the wrath of the Food and Drug Administration. Except, this Kinder Egg will look slightly different than its outlawed cousin. The original Kinder Egg consists of a chocolate shell. Inside is a hidden plastic capsule ...
Cocoa

Ferrero International to acquire U.S. company Fannie May Confections

Desk3 -
LUXEMBOURG — Ferrero International has entered into an agreement to acquire Fannie May Confections from 1-800-Flowers.com, Inc., Carle Place, N.Y. The company has one manufacturing plant, two distribution centers and employs 750. Once the transaction is complete, Ferrero said Fannie May will operate as a standalone entity and brand ...
Chocolate

Ferrero increases its Fairtrade commitment

Desk3 -
Italian confectionery company Ferrero will double the amount of cocoa it purchases from Fairtrade farmers – to 40,000 metric tonnes over the next three...
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