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Ferrero, Kellogg

Meet The Italian Billionaire Behind Ferrero’s $3.1 Billion Deal For Kellogg

Giovanni Ferrero has expanded his family's company beyond brands like Nutella and built a global powerhouse—especially through big acquisitions in the U.S.

Los Angeles Times · 23h

Italy’s Ferrero agrees to buy Kellogg in $3.1-billion deal

Ferrero International has agreed to acquire WK Kellogg Co. for an enterprise value of $3.1 billion, pushing the Italian family-owned candy business further into the lucrative U.S. market.

TechStory · 3h

Nutella Maker Ferrero to Buy WK Kellogg for $3.1 Billion in Landmark Deal

Ferrero, the maker of Nutella, announces a $3.1 billion deal to acquire century-old cereal company WK Kellogg, expanding its North American breakfast and snack portfolio.

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Michigan's WK Kellogg cereal maker set to be bought by Italian candymaker Ferrero

Michigan's WK Kellogg Co., the cereal giant, is set to be acquired by the Italian candymaker behind Ferrero Rocher in a ...

56m

Kellogg's Corn Flakes Now Italian? Ferrero Snaps Up US Cereal Giant for $3.1 Billion in Shock Food Takeover

This deal continues Ferrero's track record of acquiring and growing well-known brands to strengthen its North American ...

5h

Ferrero Puts Snap, Crackle and Pop into Its Earnings With WK Kellogg Acquisition

Ferrero previously bought Nestlé’s US candy biz for $2.8 billion, as well as chocolate-maker Fannie May and RedHots owner ...

Ferrero reaches for the cereal bowl

Ferrero has added more products to its basket with an eye-catching move for US cereal business WK Kellogg. Ferrero has once again used M&A to expand into another part of the store – but will it pay ...

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