Nutella (Ferrero) buys Fannie May for $115 million

Ferrero, maker of  the famous Nutella has signed a deal to buy U.S. confectioner Fannie May from online retailer 1-800-FLOWERS.COM for $115 million, as Reuters reports. The company aims at strengthening its presence in the overseas market, they said in a joint statement.

Fannie May, founded in Chicago in 1920, makes chocolate bars, praline and chocolate snacks that are sold mainly through 1-800-FLOWERS.COM. Κάνοντας Like στο Facebook ενημερώνεστε άμεσα για τα νέα άρθρα -->
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