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. ...
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 ...
Chocolate and confectionery giant Ferrero’s Canada unit will be financially supported by the Ontario government in its C$90m ($72.31m) expansion project that is aimed at boosting productivity of an existing plant. The provincial ...
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 first Android 8.0 O preview has landed, so here's everything you need to know, including the best features, latest release date news, name rumours, and how to download the beta, plus which phones are likely to get Android O first. The ...
Nutella and Tic Tac maker Ferrero International has announced to acquire some of the brands of UK based food manufacturer United Biscuits for an undisclosed sum. The Italian chocolatier is planning to buy Belgian cookies Delacre and ...
Nutella-maker Ferrero International’s Canadian subsidiary is planning to expand its Ontario factory in Brantford to begin production of three new products. The company is looking to invest CAD36.1m ($27.6m) to scale up its ...
Tags: Ferrero, Australian markets
Tetra Pak has released a major report on millennials, detailing how brands can tailor their packaging to this big-spending demographic. The packaging supplier has described this 20-35 age group as the largest generational group in ...
Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
The UK syrups and spreads market is dominated by jam and honey spreads. However, chocolate spreads are expected to gather pace, growing by 35 per cent up to 2018, according to findings from market research organisation Canadean. Honey ...
Tags: Jam, Honey, Chocolate, Agriculture
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
As a membership warehouse club, everything we sell at Costco has to be of better value than our competitors in the marketplace,” Costco MD Patrick Noone told the audience at a Packaging Council of Australia Industry Leaders Forum in ...
Tags: lower the price, Costco, Packaging
To consumers, Bormioli Rocco, is a top selling brand of tableware glass. To the industry, it is a provider of food and beverage glass - for brands such as Nutella, Ferrero, Molinari Sambuca, Barilla, Amaretto di Saronno - and a major ...
Fazoli's, the premium Italian quick-service restaurant ranked No. 2 overall among large national fast-food chains in the prestigious Zagat Survey, has formed an agreement with Ferrero U.S.A, Inc., makers of Nutella hazelnut spread. ...
Tags: Agriculture, Food, milk
Ferrero, an Italian manufacturer of chocolate and other confectionery products, has unveiled a new EUR95m manufacturing facility in Aegean province of Manisa, Turkey, to further strengthen its local presence and enter new markets in North ...
Tags: Ferrero, Agriculture, Food, chocolate