PARSIPPANY, N.J. — Ferrero USA, part of the global confectionery company Ferrero Group, announced Tuesday the opening of a new distribution center in Goodyear, Arizona, a suburb of Phoenix. The newly constructed facility located at 3600 Cotton Lane is 643,798 square feet and projected to begin operating by mid-March. The company plans to add 50 local
BATTLE CREEK, Mich. — Kellogg Co. announced Monday that it has closed the sale of Keebler Cookies and other selected businesses to the Ferrero Group and its related companies. “This sale strengthens our ability to focus on the areas of our business with the biggest growth opportunities, which is a key component of our Deploy
VEVEY, Switzerland — Food and beverage giant Nestlé is selling its U.S. confectionery business to Italy-based Ferrero Group for $2.8 billion (U.S.) in cash. With the acquisition the Nestlé U.S. candy business, announced Tuesday, Ferrero will become the third-largest confectionery company in the U.S. market. The move will add more than 20 American brands to
