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. ...
Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
Italian confectionery giant Ferrero International has agreed to acquire US-based Fannie May Confections Brands from 1-800-Flowers.com for $115m in cash. The deal also includes Fannie May's subsidiaries Fannie May Confections and London ...
The Ferrero Group, one of the market leaders of the confectionery industry, has continued to strengthen its presence in the hazelnut market by acquiring hazelnut producer Oltam Group. Oltan Group, based in Trabzon in Turkey, is a ...
Tags: Ferrero Group, Hazelnut Farm, Food