Ferrero Group To Acquire Wells Enterprises, Maker Of Ice Cream Brands Blue Bunny® And Bomb Pop®
Acquiring Company
Ferrero International S.A
Acquired Company
Wells Enterprises
Description
The Ferrero Group (Ferrero) and Wells Enterprises (Wells) today announced an agreement for Ferrero to acquire Wells, its operations and its strong ice cream brands, which include Blue Bunny®, Blue Ribbon Classics®, Bomb Pop® and Halo Top®. The acquisition is part of Ferrero's strategic growth ambitions for the ice cream category and Wells' vision for accelerated growth.
Quick answer
Ferrero International S.A is acquiring Wells Enterprises, announced December 7, 2022.
- How much did Ferrero International S.A pay for Wells Enterprises?
- The deal value was not disclosed.
- What does Ferrero International S.A do?
- Ferrero International S.A. is a global confectionery group known for its iconic products like Ferrero Rocher and Nutella.
- Who are the decision-makers at Ferrero International S.A?
- Fundz holds 2 contacts at Ferrero International S.A. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Wells Enterprises?
Wells Enterprises was acquired by Ferrero International S.A. The deal was reported on December 7, 2022. Ferrero International S.A. is a global confectionery group known for its iconic products like Ferrero Rocher and Nutella. Established in 1946, it has expanded its portfolio through acquisitions. Ferrero International S.A is privately held and operates in Manufacturing.
When did Ferrero International S.A acquire Wells Enterprises?
Ferrero International S.A's acquisition of Wells Enterprises was reported on December 7, 2022. The Ferrero Group (Ferrero) and Wells Enterprises (Wells) today announced an agreement for Ferrero to acquire Wells, its operations and its strong ice cream brands, which include Blue Bunny®, Blue Ribbon Classics®, Bomb Pop® and Halo Top®. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Wells Enterprises do?
Founded in 1913 by Fred H. Wells, Wells Enterprises produces more than 200 million gallons of ice cream per year and distributes products in all 50 U.S. states. It is privately held, operating in Manufacturing.
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