Acquisition is the next chapter in Ferrero's proven strategy to acquire, invest in and grow iconic brands in North America, while also driving organic growth through brand innovation LUXEMBOURG, Sept.
Rice Krispies owner WK Kellogg is to be sold to Italian family firm Ferrero. (Photo by: Newscast/Universal Images Group via Getty Images) U.S. breakfast cereal company WK Kellogg is to be snapped, ...
BATTLE CREEK, Mich. — Ferrero, the Italian candy company behind Ferrero Rocher and Nutella, agreed to a deal to buy WK Kellogg, according to a press release issued Thursday morning. The deal is for $3 ...
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its North American sales. The Ferrero Group said ...
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops. By Julie Creswell and Danielle Kaye Ferrero, the Italian ...
The deal is expected to close later this year. Froot Loops cereal is getting an Italian twist. Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg ...
BATTLE CREEK, Mich. — Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion.
Shares of WK Kellogg, the cereal maker behind Froot Loops and Frosted Flakes, skyrocketed as high as 50% after the Wall Street Journal reported Wednesday that Ferrero was nearing acquiring the company ...
The sale of Michigan's WK Kellogg Co. has been finalized, transferring the company that made Battle Creek known as Cereal City to foreign ownership. New owner Ferrero Group, the Italy-based maker of ...
Parsippany-based Ferrero North America is celebrating the opening of its first chocolate factory in the U.S. and third globally. Located in Bloomington, Ill., the $75 million processing facility adds ...
On Friday, May 9, Ferrero North America announced a “slate of new innovations for the next twelve months at Sweets & Snacks Expo 2025.” Among the major announcements from the company were Ferrero ...