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FERRERO INTERNATIONAL S.A. HAS ACQUIRED U.S. CHOCOLATE CONFECTIONERY MANUFACTURER FANNIE MAY

news-2017-03-15

Ferrero to Build on Fannie May’s Existing U.S. Manufacturing, Distribution and Retail Business to Grow the Brand and Expand Its Own Product Portfolio Within the Premium Chocolate Category

Ferrero International S.A. is pleased to announce it has completed the acquisition of Fannie May Confections Brands, Inc. and the Harry London chocolate brands from 1-800-FLOWERS.com, Inc..

The acquisition includes all operations of Fannie May, together with the manufacturing facility in Ohio and two warehouse and distribution facilities, located in Ohio and Illinois.

Fannie May will operate as a standalone entity under the Ferrero Group, with support from Ferrero U.S.A., Inc. as needed. At the same time, Ferrero U.S.A. will maintain its headquarters in Parsippany, New Jersey and its assembly and packaging facility in Somerset, New Jersey.

With both founded on long family histories and iconic, high-quality brands, the union between Ferrero and Fannie May represents a strong strategic and cultural fit.

For more information, please read Ferrero to Acquire US chocolate confectionery manufacturer Fannie May

Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with over 35 iconic brands sold in more than 170 countries. The Ferrero Group brings joy to people around the world with much-loved treats and snacks, including Nutella®, Kinder®, Tic Tac® and Ferrero Rocher®. More than 47,000 employees are passionate about helping people celebrate life's special moments. The Ferrero Group’s family culture, now in its third generation, is based on dedication to quality and excellence, heritage, and a commitment to the planet and communities in which we operate.