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2024-04-15 09:32:09

Ferrero SpA

Italian multinational chocolate company
Italian multinational chocolate company
Ferrero SpA, known as Ferrero Group, is a top chocolate producer. Founded in 1946 in Alba, Italy, by Pietro Ferrero, it's now led by Giovanni Ferrero. The company is famous for Nutella and has a reputation for secrecy and excellence.
1942
Pietro Ferrero moves pastry shop to Alba
In 1942, Pietro Ferrero relocated his pastry shop to Alba.
1946-05-14
Foundation of Ferrero SpA
Ferrero SpA was founded on 14 May 1946 in Alba, Piedmont, Italy, by Pietro Ferrero, a confectioner and small-time pastry maker. This laid the groundwork for the creation of Nutella.
1948
Ferrero launches distribution operations
In 1948, Ferrero started its own distribution operations and developed a fleet of 200 delivery vans by the early 1950s.
1949
Introduction of Supercrema Gianduja (Il Cremino)
In 1949, Ferrero launched the Supercrema Gianduja, also known as Il Cremino, which was a creamier and more spreadable version of the Gianduja paste. This new product became a huge success and elevated Ferrero in the Italian confectionery market.
1950
Cremalba & SuperCrema
In 1950, Cremalba & SuperCrema were introduced, possibly as new hazelnut paste products.
1954
Launch of Nutella
In 1954, Ferrero rebranded its core product as Nutella, highlighting its hazelnut ingredient. This move marked a significant milestone for the company and contributed to its global recognition.
1956
Launch of Mon Chéri
Mon Chéri was launched by Ferrero, marking another milestone in the company's journey of transforming the world of sweets with its unique products.
1959
Establishment of Ferrero France
In 1959, Ferrero expanded its operations by establishing 'Ferrero France' in Viller-Ecalles, France, through the acquisition of a textile industry.
1961
Ferrero introduces Nutella in France
In 1961, Ferrero launched the Nutella paste, known as 'La Tartinoise,' for the French market and expanded its production plant in France. Nutella quickly became a popular product in France.
1964
Creation of NUTELLA
In 1964, Michele Ferrero created the iconic spread made with nuts and cocoa, known as NUTELLA.
1968
Introduction of Kinder® Chocolate
The year 1968 marked the introduction of Kinder® Chocolate, a popular and innovative product that has become a favorite among consumers worldwide.
1969
Thorntons diversification into confectionery
In 1969, Thorntons expanded its offerings beyond chocolates to include sweets, toffees, fudges, and other confectionery, showcasing its commitment to quality and variety.
1974
Introduction of Kinder Chocolate under Kinder brand
Ferrero rolled out the first product under the Kinder brand, Kinder Chocolate, in 1974, catering to children and later expanding the line to include various other products.
1978
Introduction of Kinder Chocolate
In 1978, Kinder Chocolate was introduced to the market, becoming a popular product under the Ferrero brand.
1979
Introduction of Ferrero Rocher
Ferrero Rocher, the premium bonbon, was introduced in 1979 and became a global success due to its high-quality ingredients and luxurious packaging. It is often associated with celebrations and special occasions.
1980
Creation of Ferrero Rocher
In 1980, after facing six years of challenges in developing the hazelnut coating, the Ferrero group successfully created Ferrero Rocher, a popular chocolate product known for its unique taste and texture.
1982
Creation of Nutella
In 1982, the recipe for a new hazelnut and cocoa cream was improved, resulting in the creation of the first-ever jar of Nutella. This marked the official birth of Nutella.
1983
Establishment of Ferrero Foundation
In 1983, Ferrero established the Ferrero Foundation in Alba, Piedmont as per Michele Ferrero's wish. The foundation focuses on promoting activities in art, science, history, and literature.
1989
Introduction of Kinder Surprise
In 1989, Ferrero introduced a new hit product called Kinder Surprise, a white and dark chocolate candy with a toy inside an egg-shaped case. This product became popular among children in Europe and collectors worldwide.
1990
Creation of Kinder Bueno®
Kinder Bueno® was introduced in 1990 as a sophisticated chocolate snack bar targeted towards young adults. It features a distinctive blend of crispy wafer and creamy hazelnut filling, packaged in individual bars.
1991
Establishment of Ferrero's First Agrifarm in Chile
In 1991, Ferrero established its initial Agrifarm in Chile, marking the beginning of its agricultural operations. Over the years, the company has expanded to operate five Agrifarms.
1997-12-04
Ferrero Courts Sale to Unilever
Marketing reported on December 4, 1997, that Ferrero was considering a sale to Unilever.
2000
Launch of Estathé and Mon Amour
In 2000, Ferrero introduced Estathé, a ready-to-drink tea beverage, and Mon Amour, a new chocolate product. These additions expanded the company's product line, which was previously focused on the Italian market.
2001-07-19
Ferrero Reports Flat Sales in 2000
Eurofood stated on July 19, 2001, that Ferrero reported flat sales in the year 2000.
2002-05-03
Ferrero Unlikely to Change Its Ways
Campaign mentioned on May 3, 2002, that Ferrero, a confectionery manufacturer, was unlikely to change its traditional ways.
2002-06-20
Ferrero Plans Expansion
Eurofood reported on June 20, 2002, that Ferrero, a confectionery manufacturing company, announced plans for expansion.
2009
Creation of Kinder Bueno
Ferrero introduces Kinder Bueno, a convenient and shareable chocolate snack.
2011-04
Death of Pietro Jr.
Pietro Jr., who oversaw global business for Ferrero, passed away in April 2011 of a heart attack while cycling in South Africa at the age of 47.
2012
Acquisition of Stelliferi Group in Italy
In 2012, the company acquired the Stelliferi Group in Italy, which provided new skills and deeper knowledge about hazelnut selection and processing.
2014
Ferrero Acquires Oltan Group
In 2014, Ferrero acquired Oltan Group, the largest hazelnut supplier in the world.
2015-06
Ferrero Acquires Thorntons
Ferrero acquired the British chocolate retailer Thorntons in June 2015 for £112 million.
2016
Ferrero Acquires Delacre and DeliChoc
In 2016, Ferrero SpA acquired Belgian biscuit brands Delacre and DeliChoc from United Biscuits.
2017-03-30
Ferrero Buys Fannie May
In March 2017, Ferrero SpA bought the US chocolate maker Fannie May from 1-800-Flowers.com for $115 million.
2018-01-16
Ferrero Purchases Nestlé's American Confectionery Business
On 16 January 2018, Ferrero acquired Nestlé's American confectionery business for $2.8 billion, including brands like Baby Ruth, Crunch Bar, and Butterfinger.
2019-07-29
Ferrero Expands US Operations with Kellogg's Purchase
On 29 July 2019, Ferrero expanded its US operations by purchasing various businesses from Kellogg's, including Famous Amos, Keebler, and Mother's, for $1.3 billion.
2020-10
Ferrero Acquires Fox's Biscuits
In October 2020, Ferrero announced the acquisition of UK company Fox's Biscuits for £250 million.
2020-12
Ferrero Acquires Eat Natural
In December 2020, Ferrero announced the acquisition of the healthy snack company Eat Natural.
2021-06
Ferrero acquires Burton's Biscuit Company
In June 2021, Ferrero purchased the British firm Burton's Biscuit Company, which had 2,000 employees across six plants in the UK, for approximately £360 million.
2022-04
Ferrero acquires Fulfil Nutrition
In April 2022, Ferrero announced the acquisition of Dublin-based vitamin and protein bar producer, Fulfil Nutrition.
2022-12
Ferrero acquires Wells Enterprises
In December 2022, Ferrero revealed its purchase of Wells Enterprises, an American ice cream manufacturer known for brands like Blue Bunny, Blue Ribbon, Bomb Pop, and Halo Top.
2023-02
Ferrero to acquire Fresystem SPA
In February 2023, Ferrero announced its intention to acquire the Naples-based frozen bakery company, Fresystem SPA.
2024
Copyright © Ferrero 2024
In 2024, Ferrero updated its copyright notice to protect its intellectual property rights.
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Ferrero SpA

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Ferrero SpA

Italian multinational chocolate company
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