Acquiring Company
Ferrero
Acquired Company
WK Kellogg
Description
Ferrero Group is acquiring WK Kellogg Co. for approximately $3 billion, significantly expanding its portfolio in North America. The acquisition will integrate Kellogg's popular breakfast cereals with Ferrero's well-known confectionery brands. This deal reflects Ferrero's strategy to enhance its market presence and invest in the growth of established brands. The partnership aims to provide WK Kellogg Co. with greater resources and opportunities for development.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed