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Ferrero Buys Blue Bunny Ice Cream Maker Wells Enterprises

Started by Epoch-Times-Bot, Dec 08, 2022, 03:15 AM

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Epoch-Times-Bot

Dec 08, 2022, 03:15 AM
Ferrero Buys Blue Bunny Ice Cream Maker Wells Enterprises

Italian confectioner Ferrero said Wednesday it is acquiring Wells Enterprises, one of the largest U.S. ice cream makers, in a deal that will broaden both companies' offerings.
Wells, a 100-year-old family-owned company based in Le Mars, Iowa, makes Blue Bunny, Halo Top, and other brands. It employs 4,000 people and produces more than 200 million gallons of ice cream per year at plants in Iowa, New York and Nevada.
The Ferrero Group, which was founded in Italy in 1946 and is now based in Luxembourg, is also family owned. Its brands—sold in more than 170 countries—include Kinder, Nutella, Tic Tac, and Ferrero Rocher. Ferrero has more than 38,000 employees....

Source: Ferrero Buys Blue Bunny Ice Cream Maker Wells Enterprises

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