Martino Caretto retires after 41 years with Ferrero.
October 17, 2018
In this role, Kunde will lead the development and execution of a comprehensive government and public affairs engagement strategy for Ferrero in the U.S., Canada and Puerto Rico.
Sour, chewy profile accelerates Trolli's growth among Millennial, Gen Z consumers.
July 11, 2018
Todd Siwak, ceo of Ferrara Candy Co., says bringing the former Nestlé brands under Ferrara’s wing offers the perfect growth opportunity for his company and their retail partners.
We are barely into the middle of January, and it’s already become clear that 2018 is going to be a whopper of a year for mergers and acquisitions. M&A’s, they call them.
As I’ve come to realize over the years, my crystal-balling powers haven’t earned me any plaudits. Hence, it’s one of the reasons I stay away from speculation regarding who’s going to buy whom. But there are always exceptions to the rule.
What I find most interesting about these latest deals, however, is that this marks the first time that these two companies will be producing confections on U.S. soil, particularly since both of these involve giants who have production facilities scattered throughout the world.
Italian group Ferrero International has announced a multimillion-dollar deal to purchase Fannie May Confections Brands, Inc., from 1-800-Flowers.com, Inc., a leading floral and gourmet gift provider.