News

Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
Ferrero has agreed to acquire WK Kellogg (KLG, Financials) for $3.1 billion, marking the Italian confectionery giant's ...
Ferrero acquires Kellogg's cereal business for $3.1 billion, combining Nutella with Frosted Flakes in a major food industry consolidation deal.
WK Kellogg Co (NYSE: KLG) soared about 30% on Thursday morning after Italian confectionary giant Ferrero said it will buy the ...
Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...
The new manufacturing center will be an expansion of Ferrero’s Bloomington facility and will allow the company to produce chocolate for Crunch, 100Grand, SnoCaps, Raisinets, Goobers, Ferrero ...
Chocolate-novelty combo Kinder Joy hit the U.S. market in November of last year and has since surpassed parent-company Ferrero USA’s targets with more than 90 million eggs sold.
Ferrero confirmed the expansion would generate 500 new jobs once the expansion work has finished, taking the company's workforce at the plant in Ontario to more than 1,800 full-time employees.
PARSIPPANY, NJ. — Ferrero North America, a business unit of Ferrero Group, on Oct. 13 broke ground on a new $75 million, 70,000-square-foot chocolate processing facility in Bloomington, Ill. The ...
The Ferrero Rocher chocolate squares will be a new product for the Canadian market, although the company would not say when they were set to be launched. The province is contributing C$36m towards ...
Giovanni Ferrero has pushed changes and expansion at the maker of Nutella and Kinder eggs after his father’s death. ... brought a new Kinder snack to market this year after only about 12 months.