Italy: Ferrero acquires Fannie May
Italian confectionery giant Ferrero has announced the acquisition of US chocolate brand manufacturer Fannie May for $115 million in cash. Fannie May’s products, which include brands like Fannie May and Harry London, are mainly distributed through the e-commerce site 1-800 Flowers.com. “Fannie May represents a strong strategic and cultural fit for Ferrero and we are […]