In a move set to reshape the candy market, Ferrara Candy Company disclosed its agreement to acquire the world-renowned Jelly Belly Candy Company via its lead holding entity, CTH Invest. While the financial details remain undisclosed, this union promises to merge the rich legacy of Jelly Belly, established in 1869, with Ferrara’s expansive sugar candy […]
Food acquisition news : Italian confectionery group Ferrero has wrapped up its previously announced $1.3 billion acquisition of the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses from Kellogg. Through the deal, Ferrero has acquired a cookie portfolio that includes the Keebler cookies brand, Famous Amos cookies, Murray sugar-free cookies, family […]
Food acquisition news : Nutella owner and Italian confectionery giant The Ferrero Group has completed a previously announced acquisition of US candy manufacturer Ferrara Candy Company from private equity firm L Catterton. The transaction amount involved in the Ferrero acquisition of Ferrara Candy was not revealed by the parties. Ferrero, which made the deal in […]