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Michigan's WK Kellogg Co., the cereal giant, is set to be acquired by the Italian candymaker behind Ferrero Rocher in a nearly $3 billion deal, the Wall Street Journal reported Wednesday. A deal with parent Ferrero SpA, the maker of Butterfinger candy bars and Nutella hazelnut spread, could be finalized as soon as this week, according to reports. S...

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Nutella changes its recipe, Ferrero Rocher turns into squares, and Tic Tac gets a Dr. Pepper flavor. Ferrero North America has decided to step up its game: it aims to fully conquer the U.S. market with a wave of new offerings tailored specifically for American consumers. This is confirmed by the list of products the company will present at the upco...

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Francesco Rivella, the Italian chemist credited with helping to create Nutella, passed away on February 14 at the age of 97. Dubbed the "father of Nutella" by Italian media, Rivella played a key role in developing the globally popular chocolate-hazelnut spread during his tenure at Ferrero. Born in Barbaresco, Piedmont, Rivella pursued a degree in b...

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World Nutella Day is celebrated globally on 5 February, with fans posting recipes and pictures on social media of the popular chocolate-hazelnut spread. Currently marking its 60th anniversary, Nutella was invented in Italy in 1964 and today is sold in more than 170 countries around the world. Central to the Nutella-themed festivities in Italy on We...

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Ferrero Group has acquired the protein snack company Power Crunch from Bio-Nutritional Research Group. This move, aimed at enhancing Ferrero’s footprint in the better-for-you snack category, reflects the company’s desire to diversify its product offerings in response to evolving consumer preferences according to FoodBev magazine. Founded in 1996, P...

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Imagine opening a jar of Nutella, harvested from hazelnuts grown in the Garden State. That’s an ultimate vision of Rutgers University researchers working with a $170,000 research grant from Ferrero Group. The Italian-based company, which also owns Ferrero Rocher, announced the funds in November to be disbursed over a four-year span. That was in add...

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Ferrero is making efforts to diversify its hazelnut sourcing in North America, where the nuts are in high demand during seasonal celebrations like the upcoming winter holidays. “Our mission is to master the hazelnut value chain from end-to-end to create and deliver value in service of customers, brands, and products,” Tommaso de Gregorio, head of F...

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Candy maker Ferrero may not be done growing in Bloomington-Normal even though the company's new $214 million chocolate plant is now officially open and ramping up production of Kinder Bueno candy bars and other products. Ferrero North America President Michael Lindsey said during Monday's ribbon-cutting ceremony the company could add to the plant's...

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Invest, a Belgian company controlled by the Italian confectionery giant Ferrero, has acquired Nonni’s Bakery from the private equity firm Vestar Capital Partners. The acquisition is part of Ferrero’s strategy to strengthen its presence in North America and continue its global expansion in the packaged sweets market. Founded in 1988, Nonni’s Bakery...

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Chocolate giant Fererro is launching a vegan version of the popular Nutella spread to go on sale in supermarkets in Italy this autumn. Nutella's origins can be traced back to World War II when cocoa was limited and expensive. As a result, chocolate makers searched for new ways to produce their products using ingredients such as hazelnuts. Nutella's...

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