Ferrero acquires shares of ice cream factory

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email
Share on print
ferrero

The Ferrero Group (“Ferrero”) today announced a definitive agreement pursuant to which it will acquire the remaining shares of Ice Cream Factory Comaker and relevant group companies (ICFC), an ice cream manufacturer.

Ferrero initially acquired a controlling stake in ICFC in July 2019 to support its long-term strategic goals in the Ice Cream market. During the past 2 years, thanks to the strong collaboration and work of all employees and stakeholders, the partnership between Ferrero and ICFC has proved very successful in supporting the existing business, whilst setting an excellent base for future growth. Ferrero will continue working closely with ICFC management team in developing the business and is looking forward to the exciting opportunities ahead.

 

To stay up to date on the latest, trends, innovations, people news and company updates within the global confectionery market please register to receive our newsletter here


Media contact
Roshini Bains,
Editor, International Confectionery

Tel: +44 (0) 1622 823 922
Email: editor@in-confectionery.com

Subscribe to our newsletter

Don't miss new updates on your email