Ferrero to acquire Wells Enterprises, maker of Blue Bunny ice cream

Dec. 9, 2022
The acquisition was motivated by the company's desire to increase growth in the ice cream category.

The Ferrero Group has agreed to acquire Wells Enterprises. Wells is know for its popular ice cream brands, including Blue Bunny and Halo Top. According to Ferrero, the acquisition was motivated by the company's desire to increase growth in the ice cream category. This acquisition marks the next step in Ferrero's expansion into North America, which included the purchase of Fannie May, Ferrara Candy Company, Nestlé U.S. confectionery business, and Kellogg’s cookies and fruit snacks businesses.

In a recent quote, Mike Wells, Ferrero CEO, said, “Ferrero is a likeminded company with a commitment to providing high-quality, premium sweet-packaged food products that bring joy to consumers around the world. This acquisition puts the business in the best possible hands, and I look forward to supporting the entire Wells team and Ferrero with the transition.”

Sponsored Recommendations

Arc Flash Prevention: What You Need to Know

March 28, 2024
Download to learn: how an arc flash forms and common causes, safety recommendations to help prevent arc flash exposure (including the use of lockout tagout and energy isolating...

Reduce engineering time by 50%

March 28, 2024
Learn how smart value chain applications are made possible by moving from manually-intensive CAD-based drafting packages to modern CAE software.

Filter Monitoring with Rittal's Blue e Air Conditioner

March 28, 2024
Steve Sullivan, Training Supervisor for Rittal North America, provides an overview of the filter monitoring capabilities of the Blue e line of industrial air conditioners.

Limitations of MERV Ratings for Dust Collector Filters

Feb. 23, 2024
It can be complicated and confusing to select the safest and most efficient dust collector filters for your facility. For the HVAC industry, MERV ratings are king. But MERV ratings...