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Italy's Ferrero has continued its U.S. spending spree with its proposed acquisition of famous cereal maker WK Kellogg amid ...
In 2019, Ferrero made a $1.3 billion acquisition of Kellogg's cookies, snacks and ice cream business. The Italian company ...
Italian confectioner Ferrero is acquiring U.S. cereal company WK Kellogg for $3.1 billion. The purchase aims to enhance ...
Italian confectionery giant Ferrero has reached an agreement to buy American cereal maker WK Kellogg at a price of $23 per share, the two groups said on Thursday in a statement. The 3.1-billion-euro ...
The company first launched the candy bars — wafers coated in chocolate and filled with a creamy hazelnut filling — in the U.S. in 2019, and the brand is now worth $167 million in the country ...
WK Kellogg (NYSE:KLG) shares skyrocketed by over 57% in premarket trading after the Wall Street Journal reported that Ferrero ...
The new manufacturing center will be an expansion of Ferrero’s Bloomington facility and will allow the company to produce chocolate for Crunch, ... Hyundai Motor Group To Invest $21B In U.S. Growth.
Italian confectionery giant Ferrero is building another new US distribution centre, this one in Georgia. The company said the new 728,000 sq ft facility in McDonough – a suburb of Atlanta ...
Italian chocolate maker Ferrero hosted hosted state and local officials on Wednesday to celebrate the expansion of its Bloomington operations, which will invest $214.4 million and create 200 new jobs.
The 169,000-square-foot addition will be dedicated to producing Kinder Bueno, a popular Ferrero premium chocolate bar in Europe that launched in the U.S. in 2019. Construction of the expansion is ...
Ferrero North America will open a 45,000-square-foot innovation center in Chicago’s Marshall Field and Co. Building.