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ferrero family

Ferrero Group appoints first non-family chief executive

April 3, 2017

The third generation Italian family behind chocolate brands Nutella, Kinder eggs and Tic Tac, has announced its first non-family chief executive as part of its new global expansion plan.

The third generation Italian family behind chocolate brands Nutella, Kinder eggs and Tic Tac, has announced its first non-family chief executive as part of its new global expansion plan.

Ferrero's folly?

January 20, 2010

We can only speculate as to the real reasons the Ferrero family abandoned its consortium bid for the UK’s Cadbury for at least the second time in a decade, write Ben Harper and Shonali Sashikant of Peter Leach LLP

We can only speculate as to the real reasons the Ferrero family abandoned its consortium bid for the UK's Cadbury for at least the second time in a decade, write Ben Harper and Shonali Sashikant.

The proud third-generation Italian business, with a turnover of €6.2 billion and a string of industry awards to its name, recently shocked the business community with its sudden withdrawal in the high profile battle against, amongst others, the US goliath Kraft.

Ferrero family set to abandon Cadbury bid

January 13, 2010

Family-owned Ferrero, the Italy-based chocolate maker, has decided not to proceed with a bid for UK confectionary company Cadbury, according to media reports this morning.

The decision was made by Michele Ferrero, the group's chairman and family patriarch, people familiar with the situation told the Financial Times. It is understood Michele Ferrero believed going forward with the bid would create too much debt for the company.

Will Ferrero family unity melt over Cadbury offer?

November 19, 2009

The Ferrero family, owners of the Italian confectionary company of the same name, refused to comment on speculation that it is divided over its interest in chocolate maker Cadbury.

When contacted by www.campdenFB.com this morning, they returned a clear "no comment" message. Yesterday, Ferrero announced that it is considering whether to enter a bid for the UK-based company.