Italian confectioner Ferrero said Wednesday it is acquiring Wells Enterprises, one of the largest U.S. ice cream makers, in a deal that will broaden both companies’ offerings. Wells, a 100-year ...

New Yorks (CNN) — Shares of WK Kellogg, the cereal maker behind Froot Loops and Frosted Flakes, skyrocketed as high as 50% after the Wall Street Journal reported Wednesday that ...

Ferrero entered the ice cream market in Europe in 2017 with the Kinder brand. In 2021 it fully acquired Spain’s Ice Cream Factory Comaker and introduced its first-ever Ferrero Rocher ice cream bars.