What Companies are Owned by Ferrero?

Ferrero is a name that is synonymous with chocolate lovers worldwide.

But have you ever wondered who owns this iconic brand?

Well, the answer may surprise you. Ferrero is a family-owned company headquartered in Italy.

It was founded by Pietro Ferrero in the town of Alba in 1946.

Since then, the company has grown exponentially, and today it is recognized as one of the largest chocolate manufacturers on the planet.

Ferrero is now led by Giovanni Ferrero, the son of the founder, and his two siblings.

With their passion for chocolate and a business acumen that has stood the test of time, the Ferrero family continues to maintain the brand’s reputation for excellence in the world of confectionery.

Who Owns Ferrero?

It was founded in 1946 in Alba, Piedmont, Italy, by Pietro Ferrero and is currently headed by Giovanni Ferrero.

Ferrero SpA is an Italian confectionery company owned by the Ferrero family.

The company produces a variety of products including its famous Nutella hazelnut spread, Tic Tac mints, Kinder chocolates, and Ferrero Rocher chocolates.

The company operates globally in 55 countries, with over 33,000 employees worldwide.

The majority of the company is owned by Giovanni Ferrero, part of the Ferrero family who owns a 47% stake.

His brother Pietro’s son holds a 25% stake in the company while his daughter Maria Franca holds a 28% stake.

Additionally, the family’s holding company Ferrero International SA owns a 5% stake in Ferrero SpA.

The family members are actively involved in the management of the company and have worked to continue to expand its presence by entering new markets and developing new products.

What brands are Owned by Ferrero?

Ferrero, a globally recognized confectionery company, has become a household name with its wide range of delicious treats.

While it’s well-known for its prized possession – the hazelnut chocolate spread Nutella, Ferrero has several other popular brands too.

Among these is the iconic Kinder brand of chocolate products, which includes the famous Kinder Eggs with its surprise toy inside.

The company also owns the Crunch, Tic Tac, and Thorntons brands, among others.

Each of these brands has a unique identity, but they all hold the Ferrero promise of premium quality confectionery products that are second to none.

Whether you prefer a chocolatey treat, a breath-freshening candy, or something more indulgent, Ferrero has got you covered with its diverse range of brands. brands owned by Ferrero are listed and explained below.

1. Nutella

Nutella is a brand of hazelnut spread owned by Ferrero, an Italian confectionery company.

The majority of the company is owned by Giovanni Ferrero, part of the Ferrero family who owns a 47% stake.

His brother Pietro’s son holds a 25% stake in the company while his daughter Maria Franca holds a 28% stake.

Additionally, the family’s holding company Ferrero International SA owns a 5% stake in Ferrero SpA.

The family members are actively involved in the management of the company and have worked to continue to expand its presence by entering new markets and developing new products.

This makes Nutella one of the most iconic brands owned by Ferrero. It has also become an inspiration for many creative recipes like Nutella cheesecake and Nutella-stuffed French toast.

With its creamy texture and delectable flavor, it’s no wonder why Nutella has become so popular throughout the world.

2. Kinder

Kinder is a brand of chocolate and other confectionery products owned by Ferrero, an Italian family-owned confectionery giant.

The majority of the company is owned by Giovanni Ferrero who holds a 47% stake in the company.

His brother Pietro’s son holds a 25% stake while his daughter Maria Franca owns 28%.

Additionally, the family’s holding company Ferrero International SA owns a 5% stake in Ferrero SpA.

As a result, the Ferrero family has full control of the Kinder brand, which it began producing in 1968.

Since then, they have expanded the product range and now offer over 20 different products under the Kinder brand name including chocolate bars, egg-shaped treats, snacks, and cereals.

The Kinder brand has become one of the most popular chocolate brands in Europe and is expanding to other parts of the world.

Other popular Kinder products include Kinder Joy, Kinder Bueno, Kinder Maxi, and Kinder Chocolate bars, each of which offers a unique taste experience made with quality ingredients.

With its wide range of products and flavors, it’s no wonder why this brand has become so popular throughout the world.

3. Tic Tac

Tic Tac is a brand of breath mints and candy owned by Ferrero, an Italian family-owned confectionery giant.

The majority of the company is owned by Giovanni Ferrero who holds a 47% stake in the company.

His brother Pietro’s son holds a 25% stake while his daughter Maria Franca owns 28%. Additionally, the family’s holding company Ferrero International SA owns a 5% stake in Ferrero SpA.

As a result, the Ferrero family has full control of Tic Tac which it began producing in 1969. The brand is known for its iconic sweets that come in a variety of flavors including mint, lemon, strawberry, and orange.

Tic Tac products are sold all over the world, with their iconic packaging proving to be very popular.

Despite being owned by a large multinational company, Tic Tac has managed to keep its unique identity and remain one of the most popular breath mints in many countries.

4. Fannie May

Fannie May is a gourmet chocolate and confectionery company owned by Ferrero.

Since its acquisition by Ferrero in 2018, the company has been fully owned by the Ferrero Group.

Fannie May was originally founded in 1920 in Chicago, Illinois as an American candy retailer specializing in boxed chocolates and other treats.

It later expanded to include over 200 stores in the United States, Canada, and Puerto Rico.

Today, Fannie May is known for its wide range of gourmet chocolates, candies, and treats made with premium ingredients.

By acquiring Fannie May, Ferrero has expanded its portfolio to include delicious treats that can be found all over the globe.

5. Mon Chéri

Mon Chéri is owned by Ferrero, a brand of luxury chocolate and confectionery products.

The Mon Chéri brand was founded in 1969 and is known for its iconic heart-shaped chocolates filled with cherry liqueur.

These chocolates are also available in dark, milk, and white chocolate varieties.

The Mon Chéri product line also includes other confectionery items such as chocolate bars, truffles, and pralines.

Ferrero has also introduced more modern flavors to the Mon Chéri product line with exciting new recipes for each season.

With its luxurious packaging and delicious chocolates, it’s no wonder why Mon Chéri is a favorite of many chocoholics all over the world.

6. Thorntons

Thorntons is a British chocolate and confectionery brand owned by Ferrero.

The company was founded in Yorkshire, England in 1911 and has become an iconic presence on the British high street with over 200 stores across the country.

Thorntons specializes in handmade chocolates, toffees, fudges, truffles, cakes, and other treats, as well as a range of seasonal limited-edition products.

In 2016, Ferrero acquired Thorntons and has since integrated the brand into its global portfolio.

With a variety of delicious chocolates and sweet treats, Thorntons is sure to delight chocolate lovers everywhere.

7. Delacre

Delacre is a Belgian biscuit and cookie brand owned by Ferrero.

The company was founded in 1879 and is renowned for its premium quality products, which include butter cookies, waffles, cakes, and other treats.

Its signature product, the crunchy Delacre biscuits, is available in various flavors such as chocolate, hazelnut, almond, and vanilla.

8. Keebler

Keebler is an American cookie and snack brand that has been part of the Ferrero Group since 2001.

The company was founded in 1853 and produces a variety of cookies, crackers, chips, and other snacks.

Its signature products include its own line of baked goods such as Famous Amos chocolate chip cookies, Little Brownie Bakers Girl Scout cookies, and Murray sugar-free cookies.

9. Famous Amos

Famous Amos is an American brand of chocolate chip cookies owned by Ferrero.

The company was founded in 1975 and is best known for its signature bite-sized cookies made with a blend of semi-sweet chocolate chips.

Famous Amos also produces a variety of other snacks such as brownies, oatmeal cookies, and bars.

10. Little Brownie Bakers

Little Brownie Bakers is an American bakery owned by Ferrero that produces Girl Scout cookies.

The company was founded in 1933 and produces a variety of cookie flavors such as Thin Mints, Caramel deLites/Samoas, Tagalongs/Peanut Butter Patties, Do-si-dos/Peanut Butter Sandwiches, and Trefoils/Shortbreads.

11. Mother’s Cookies

Mother’s Cookies is an American snack food brand owned by Ferrero since 2018.

The company was founded in 1914 and produces a variety of cookies such as Chocolate Chip, Oatmeal Raisin, Peanut Butter, Sugar Crisps, Lemon Coolers, and Ginger Snaps.

The brand is also known for its seasonal products, such as Christmas-themed cookies.

12. Murray Cookies

Murray Cookies is an American cookie brand owned by Ferrero since 2007.

The company was founded in 1962 and produces a variety of sweet treats, including chocolates, teas, and cookies.

Its signature products include the original Murray Cookie line as well as Murray Sugar-Free Cookies.

13. Royal Dansk

Royal Dansk is an American gourmet cookie brand owned by Ferrero since 2008.

The company was founded in 1966 and produces a variety of classic Danish butter cookies, including Coconut Macaroons, Chocolate Chip Cookies, Butter Rings, and Almond Biscotti.

It also produces seasonal products such as Christmas-themed cookies and Easter eggs.

When Was Ferrero Founded?

It was all the way back in 1946 when Pietro Ferrero, a pastry maker, first began producing sweets in his own modest pastry shop.

Ferrero, the well-known Italian confectionery company, has certainly come a long way since its humble beginnings in the small town of Alba, Italy.

As demand for his delectable treats grew, Pietro made the switch from pastries to chocolates and hazelnut-based spreads, eventually founding the Ferrero company in 1956.

Today, Ferrero is a global brand with a legion of devoted fans around the world, but it’s fascinating to imagine the early days of this beloved company and the hard work and passion that went into building it from scratch.

Who is the CEO of Ferrero?

Lapo Civiletti is the current CEO of Ferrero, a position he was appointed to in 2019.

He is the first Italian-born executive to lead the company and brings years of experience in managing international businesses.

Civiletti has held several prominent positions at Ferrero Group since joining the company in 2010, including European Vice President for Corporate Affairs & Communication and Country Manager for Italy.

Under his leadership, Ferrero has continued to expand its already impressive reach and launched new products such as Kinder Chocolate Eggs, Ferrero Rocher, Kinder Mini Mix Maxi bars, and Nutella Go.

The CEO’s commitment to quality and excellence has ensured that Ferrero remains a top choice for chocolate lovers worldwide.

What is Ferrero’s Net Worth?

As of September 2023, he has an estimated net worth of $28 billion.

This enormous fortune comes from the success of the Ferrero Group, which was founded by Michele Ferrero in 1946 and remains majority-owned by his family.

Their success can be attributed to their commitment to quality ingredients, innovative marketing strategies, and an emphasis on sustainability.

Where is the Headquarters of Ferrero?

Ferrero, the renowned chocolate manufacturer, is headquartered in the Italian city of Alba.

Alba, located in the Piedmont region of Northern Italy, is a small yet picturesque city known for its exquisite wines and world-renowned truffles.

The headquarters in Alba remains the heart and soul of the company, with a team of dedicated professionals working tirelessly to create some of the most beloved chocolate treats on the planet.

What is the Annual Revenue of Ferrero?

According to recent reports, in the year 2023, the brand generated over $14 billion in revenue, a significant increase from the previous year.

This success can be attributed to their innovative products, premium quality ingredients, and international reach.

Whether it’s the creamy Nutella spread or the indulgent Ferrero Rocher, Ferrero continues to capture the hearts and taste buds of people across the world, making it a leader in the confectionery industry.

How Many Employees Does Ferrero Have?

Ferrero has a workforce of over 41,000 employees worldwide.

This staggering number only reflects the extent to which Ferrero is committed to creating a positive impact on the economy by providing job opportunities to people around the world.

While many of us are familiar with the mouth-watering products from Ferrero, not many are aware of the company’s size and workforce.

Final Thoughts

Overall, it is clear that the Ferrero Group has become a powerhouse in the food and confectionery industry.

Founded in 1946 by Pietro Ferrero and continued by Michele Ferrero, the Group is currently owned by Maria Franca Ferrero, wife of Michele’s son Giovanni who took control after Michele’s death in 2015.

With an impressive portfolio of brands that range from Kinder to Tic Tac to Nutella, they have solidified their presence as an international leader in the food industry.

We look forward to seeing how this iconic Italian brand continues to grow and expand both domestically and globally!

FAQs

Why is Ferrero Rocher So Popular?

Ferrero Rocher is popular due to its unique and delicious combination of crunchy hazelnut pieces, smooth chocolate, and creamy filling.

Who are Ferrero’s Competitors?

Ferrero’s main competitors include Mars Inc., Mondelez International, Nestle, Hershey Company, and Lindt & Sprungli.

What Form of Organization is Ferrero?

Ferrero is a privately held family business. It operates under the direction of the Ferrero family, with CEO Giovanni Ferrero at the helm.

Is Ferrero a Luxury?

Ferrero is not necessarily a luxury brand, but its products are considered to be premium and high-quality.