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Ferrero acquires Wells, the US ice cream giant

2022-12-07T17:45:54.737Z


The Ferrero group acquires Wells Entrerpresises, the American ice cream company which distributes its products in all US states, with a production of over 200 million gallons per year. (HANDLE)


(ANSA) - TURIN, DECEMBER 07 - The Ferrero group acquires Wells Entrerpresises, the American ice cream company which distributes its products in all US states, with a production of over 200 million gallons a year.

Wells owns the Blue Benny, Blue Ribbon Classics, Bomb Pop and Halo Top brands, among others.

The acquisition fits "into Ferrero's growth strategy in the ice cream category and Wells' vision to foster rapid growth."

Wells will remain a standalone company with offices in Le Mars, Iowa and manufacturing operations in Le Mars, Henderson, Nevada and Diunkirk, New York.

(HANDLE).


Source: ansa

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