Candy maker Ferrero may not be done growing in Bloomington-Normal even though the company's new $214 million chocolate plant is now officially open and ramping up production of Kinder Bueno candy bars and other products. Ferrero North America President Michael Lindsey said during Monday's ribbon-cutting ceremony the company could add to the plant's...
READ MOREInvest, a Belgian company controlled by the Italian confectionery giant Ferrero, has acquired Nonni’s Bakery from the private equity firm Vestar Capital Partners. The acquisition is part of Ferrero’s strategy to strengthen its presence in North America and continue its global expansion in the packaged sweets market. Founded in 1988, Nonni’s Bakery...
READ MOREChocolate giant Fererro is launching a vegan version of the popular Nutella spread to go on sale in supermarkets in Italy this autumn. Nutella's origins can be traced back to World War II when cocoa was limited and expensive. As a result, chocolate makers searched for new ways to produce their products using ingredients such as hazelnuts. Nutella's...
READ MOREFerrero North America, part of the global sweet-packaged food company the Ferrero Group known for Keebler®, Butterfinger®, Nutella®, Kinder®, Tic Tac®, and other well-loved brands, today celebrated the opening of its first chocolate processing facility in North America and third globally. The 70,000 square foot expansion to Ferrero's manufacturing...
READ MORE60 years of history locked in a jar, Nutella has become a brand, not just a product. Nutella's 60 years celebrate the genius of Michele Ferrero, who invented the hazelnut and chocolate spread in 1964. For decades it was an almost unique proposition inside large-scale retail; today it has become a product category in its own right. On April 20, 1964...
READ MOREItalian brands are growing by 11% in 2024. The post-pandemic recovery does not stop and involves our most popular sectors, namely clothing and food. In the second area in the Top Ten we find three brands, all three from Ferrero. This is what emerges from the new Kantar BrandZ Top 40 Most Valuable Italian Brands 2024 report. Overall, 28 Italian bran...
READ MOREApproximately 170 children participated in the charity Easter egg hunt hosted by the Ambassador of Italy to the United States, Mariangela Zappia, in the backyard of Villa Firenze. The event, organized in collaboration with the American Italian Food Coalition and the Italian Cultural Society, with the support of Ferrero, raised thirty thousand dolla...
READ MOREFerrero achieved substantial growth last year, despite inflationary pressures. The company retained market share everywhere and is looking for new growth in the United States. In its financial year 2022/2023, which ended on 31 August, sales rose 20.7 % to 17 billion euros. The growth was both organic and through acquisitions, CFO Daniel Martinez Ca...
READ MORENutella, the Italian chocolate-hazelnut spread, is celebrated internationally with World Nutella Day on 5 February. This year also marks the 60th anniversary of the iconic brand by Ferrero, a Made in Italy success story, invented in 1964. The story of Nutella goes back to post-war Italy when cocoa was a scarce commodity. Ferrero, founded as a pastr...
READ MOREThe Ferrero Group kicked off the holiday shopping season with a new coup-the last of this year, in all likelihood: the acquisition of the in-house Jelly Belly Candy Company, founded way back in 1869 in Fairfield, Illinois. The Jelly Belly brand is in fact already present in more than sixty countries on all five continents, and is known as "one of t...
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