Ferrero International SA - Company Profile
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Ferrero International SA (Ferrero) is a sweet-packaged food company. It manufactures and markets chocolates and confectionery items including bakery products, snacks, and spreads. The company undertakes business activities through its subsidiaries. Ferrero markets products under owned group brands such as Nutella, Kinder, Ferrero Rocher, Tic-Tac, Goobers, Halo Top, Keebler, Oh Henry, Mon Cheri, Raisinets, and Pocket Coffee, and others; and related brands including Black Forest, Bobs, Ferrara, Fun Dip, Nips, and Funables, among others. The company sells products through its distribution network across the world. Ferrero is headquartered in Senningerberg, Luxembourg.
Headquarters
Luxembourg
Address
16 Route de Treves, Senningerberg, 2633
Website
www.ferrero.com
Telephone
39 352 3497111
No of Employees
47,212
Industry
Consumer Packaged Goods
Revenue (2023)
$17.9B
Ferrero International SA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Chocolates | Nutella |
| Bakery Products | Kinder Bueno |
| Mints | Tic-Tac |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In February, the company acquired Fresystem SPA, a frozen-pastry producer. |
| 2022 | Contracts/Agreements | In December, the company entered into an agreement to acquire Wells Enterprises Inc. |
| 2022 | New Products/Services | In September, the company's brand Kinder Joy launched new space collection, 12 unique toys including astronauts, rocket ships, explorer rovers and more. |
Competitor Comparison
| Key Parameters | Ferrero International SA | Nestle SA | Mondelez International Inc | The Hershey Co | Chocoladefabriken Lindt & Sprungli AG |
|---|---|---|---|---|---|
| Headquarters | Luxembourg | Switzerland | United States of America | United States of America | Switzerland |
| City | Senningerberg | Vevey | Chicago | Hershey | Kilchberg |
| State/Province | - | Waadt | Illinois | Pennsylvania | Zurich |
| No. of Employees | 47,212 | 270,000 | 91,000 | 18,650 | 14,746 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Giovanni Ferrero | Chairman | Executive Board | - | - |
| Lapo Civiletti | Chief Executive Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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