Ferrero affiliate completes acquisition of Kelsen snacks business from Campbell

LUXEMBOURG – CTH, a Belgian holding company affiliated with the Ferrero Group, has completed its acquisition of Kelsen Group from the Campbell Soup in a US$300 million transaction, subject to customary adjustments. The deal, which […]

Kellogg to sell cookies and snack brand businesses to Ferrero for US$1.3b

USA – Kellogg Company has announced that it has agreed to sell selected cookies business and a range of fruit and fruit-flavored snacks, pie crusts, and ice cream brands to Ferrero Group in a cash […]

Ferrero USA invests US$9m to expand New Jersey plant

USA – Ferrero USA, the global confectionery company known for brands such as Ferrero Rocher, Nutella, Tic Tac and Kinder Joy, announced the US$9m expansion of its industrial facility located in Franklin Township, Somerset, N.J. […]