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Italy's Ferrero buys Blue Bunny ice cream maker Wells Enterprises

Por: MarketWatch Business December 08, 2022

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The Ferrero Group, which was founded in Italy in 1946 and is now based in Luxembourg, is also family owned. Its brands — sold in more than 170 countries — include Kinder, Nutella, Tic Tac and Ferrero Rocher. Ferrero has more than 38,000 employees. Terms of the deal weren’t disclosed. It’s expected to close early next year. Wells Enterprises will remain a stand-alone business, and the acquisition won’t immediately impact any jobs. Mike... + full article



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