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Italy's Nutella king Giovanni Ferrero has overtaken Facebook founder Mark Zuckerberg on the world's rich list. Candy magnate Ferrero has risen to 27th in the latest daily ranking in the Bloomberg Billionaires' Index, with 38.8 billion dollars, while Zuck has fallen to 29th on 35.1 billion as he struggled with the countless problems of his new Meta...

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By all measures, Ferrero had been a successful U.S. company for years. While its corporate headquarters are in Alba, Italy, the private company owns several brands popular in the U.S., including its Nutella spread. But the company has actively grown its U.S. business in recent years. The first step was through acquisitions. In 2017, the company bou...

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Ferrero North America, part of the global confectionery company Ferrero Group, today announced plans to invest up to $214.4 million to expand its chocolate processing and product manufacturing plant in Bloomington, Illinois. The 169,000 square foot addition will be dedicated to producing Kinder Bueno, a popular Ferrero premium chocolate bar in Euro...

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"I firmly believe that attention to the needs of employees, to their families, to their lives even when they stop working, cements a mutually beneficial social cohesion." This is the sentence that Forbes has chosen as representative of Giovanni Ferrero in the profile that the American magazine has reserved for the industrialist from Alba, among tho...

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Anyone who has ever had a gooey spoonful of Nutella in his life will tell you that as spreads go, Nutella is indeed special; and cocoa and hazelnut are a match made in heaven. Perhaps, that is what American blogger, Sara Rosso, thought when she established February 5 as World Nutella Day in 2007.It has been 15 years since we celebrated this day, an...

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Ferrero North America believes US consumers are increasingly willing to pay more for chocolate. Why? Because chocolate is a product that delivers a higher expectation. The Italian company believes this trend will only become more important as premium brands and products drive growth for their categories. “Our goal in the US is to continue to expand...

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Once again, Giovanni Ferrero, head of the most famous confectionery company in the world, is the richest man in Italy. The entrepreneur was crowned by Forbes Magazine in its annual ranking. His wealth amounts to 33.3 billion dollars, almost 6 billion more than a year ago. But Leonardo Del Vecchio, patron of Exilor-Luxottica, is breathing down his n...

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Ferrero North America, part of the global confectionery company the Ferrero Group, today broke ground on a new chocolate processing facility in Bloomington, Illinois. It will be the Ferrero Group's third facility that processes chocolate, and its first outside of Europe. State and local leaders joined Ferrero at a ceremony to celebrate the occasion...

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Giovanni Ferrero took over the family business after his brother Pietro's demise in 2011. He is not only the reason behind the rising success of the chocolate and confectionary brand called Ferrero Spa but is also responsible for the successes of famous food brands like Nutella and Kinder. Today, his business skills have yielded him such immense we...

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This Valentine's Day, Ferrero Golden Gallery Signature, the premium brand for exceptionally crafted assorted chocolates, and N10 Restaurant, the Los Angeles-based Italian eatery from the soccer legend Alessandro Del Piero, are offering ten individuals and their guests a chance to win a luxurious virtual chocolate tasting and wine pairing journey le...

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