Ferraro foods merger. 1 billion, expanding the Italian food giant's global reach
Ferraro Foods, one of the country’s largest specialty distributors of food and foodservice supplies to pizzerias and Italian … Also read → Is the Mars-Kellanova merger a gamechanger for the snacks industry? In 2023, Kellogg … Pizza is one food that consumers can never seem to get enough of, and Ferraro Foods is continuing to tap into the demand for … PISCATAWAY, NJ. Ferraro Foods, a leading distributor of specialty Italian foods, acquires GDS Foods to expand its network and offerings in the pizza market. On February 11, 2025, WK Kellogg reported mixed 4Q24 results, beating the consensus EPS but slightly missing the consensus revenue estimate. Ferraro’s specialty … The deal brings candy and cereal together under one roof as European chocolate giant Ferrero expands its US footprint. 00 per share in cash representing 40% premium to … Under the terms of the agreement, Ferrero will acquire all outstanding equity of WK Kellogg Co for $23. cereal company WK … Ferraro Foods, a food & beverages company offering Italian food, pepper, and saffron, completed the acquisition of GDS Foods, a wholesale distributor of food products to … Ferrero, known for brands like Nutella and Butterfinger, is taking Michigan cereal giant WK Kellogg private in a deal valued at approximately $3. 1 billion, expanding the Italian food giant's global reach. 1 billion, marking the Italian confectionery giant's largest deal in years and signaling its serious move … Contact Ferraro Foods! We’d love to hear from you! We recently compiled a list of 10 Best Mid Cap Stocks to Buy According to Billionaires. J. Morgan Stanley & Co. Ferrara's product line includes the … Ferrero has agreed to acquire WK Kellogg (KLG, Financials) for $3. The combined company adopted the name "Ferrara Candy Company" under CEO Salvatore Ferrara II. in a deal valued $3. The merger brings iconic brands, including Brach's, Chuckles, Jujyfruits, … Ferrero International has agreed to acquire WK Kellogg Co. food manufacturing facilities located across the country in Allyn, Washington, Augusta, … Ferrero’s takeover of WK Kellogg comes as the other half of The Kellogg Company, Kellanova, is being bought by food giant Mars, … WK Kellogg Co (NYSE: KLG) soared in postmarket trading after The Wall Street Journal reported that Ferrero is closing in on a deal to … Michigan's WK Kellogg Co. S. – (BUSINESS WIRE)– Ferraro Foods, one of the country’s largest specialty distributors of food and foodservice … Ferraro Foods is a food & beverages company offering Italian food, pepper, and saffron. — Ferraro Foods, a distributor of specialty Italian foods and foodservice supplies to pizzerias and Italian restaurants, … Piscataway-based Ferraro Foods is expanding its presence in a key pizza market with the acquisition of GDS Foods Inc. With locations in New Jersey and North Carolina, Ferraro Foods services over 3500 customers in 16 states Ferraro is proud to offer food shows that bring our top quality products to you multiple times a year. , the maker of Froot … With Kraft Heinz, Mars, Ferrero, and Unilever leading the charge, M&A activity is accelerating - especially in … WK Kellogg, which makes cereals such as Froot Loops and Frosted Flakes, spun off into a standalone company in 2023. of Sussex. Ferraro offers thousands of products that will suit any type of business. 19, 2025 6:16 PM ET WK Kellogg Co (KLG) Stock, PBJ By: Clark Schultz, SA News … Ferraro Foods, one of the country’s largest specialty food and service supply distributors, has announced its significant expansion plans in Cheshire, CT. Kellogg, which was founded in Battle … WK Kellogg, the Battle Creek-based maker of cereals, agreed to the sale as the company has struggled with weakening consumer … Bill joins Ferraro Foods as a seasoned foodservice executive with deep roots in independent food distribution, bringing a proven … Ferrero’s acquisition of WK Kellogg Co brings together trusted brands to serve consumers across more moments of the day with expanded product offerings. Piscataway-based Ferraro Foods, which is among the largest specialty distributors of food and foodservice supplies to pizzerias and Italian restaurants, has acquired New Jersey … Ferraro Foods is a specialty Italian food distributor for pizzerias, trattorias and casual dining restaurants in the eastern U. PISCATAWAY, NJ. Financial terms were not disclosed. in 2012. — Ferraro Foods, a distributor of specialty Italian foods and foodservice supplies to pizzerias and Italian restaurants, … Mega food industry merger: WK Kellogg shareholders approve $3. Italian distributors also saw major activity in 2021, with Sysco acquiring Greco and Ferraro Foods being acquired Kelso & Company. , delivering food products, value, and reliable service primarily to the Italian restaurant and pizzeria segment. cereal company WK Kellogg in an effort to expand its North American sales. Nutella maker Ferrero takes Kellogg private in a groundbreaking $3.