3.1B

Dive Brief: Ferrero appointed Jean-Baptiste Santoul as the chief operating officer for WK Kellogg, tasked with overseeing the recently acquired Rice Krispies and Froot Loops business for $3.1 billion. Gary Pilnick, the former CEO of WK Kellogg, left at the…

Dive Brief: Ferrero, known for its iconic brands like Nutella, Ferrero Rocher, and Tic Tacs, has been expanding its portfolio through strategic acquisitions to connect with consumers across different eating occasions. Dive Insight: In 2018, Ferrero acquired Nestlé’s U.S. chocolate…