LUXEMBOURG, May 30, 2017 /PRNewswire/ --
Ferrero International S.A. is pleased to announce it has completed the acquisition of Fannie May Confections Brands, Inc. and the Harry London chocolate brands from 1-800-FLOWERS.com, Inc.
The acquisition includes all operations of Fannie May, together with the manufacturing facility in Ohio and two warehouse and distribution facilities, located in Ohio and Illinois.
Fannie May will operate as a standalone entity under the Ferrero Group, with support from Ferrero U.S.A., Inc. as needed. At the same time, Ferrero U.S.A. will maintain its headquarters in Parsippany, New Jersey and its assembly and packaging facility in Somerset, New Jersey.
With both founded on long family histories and iconic, high-quality brands, the union between Ferrero and Fannie May represents a strong strategic and cultural fit.
For more information, please read FERRERO TO ACQUIRE US CHOCOLATE CONFECTIONERY MANUFACTURER FANNIE MAY
About Ferrero Group
Ferrero began its story in the town of Alba in Piedmont, Italy, in 1946. Today, its products have become part of the collective memory and customs of many countries, where they are truly loved generation after generation and often considered as cultural icons. Furthermore, Ferrero has social responsibility in its DNA. Product freshness and highest quality, careful selection of the finest raw materials, sustainable agricultural practices and continuous research and innovation are some of the key elements of Ferrero's success. Moreover, Ferrero continues to invest in local communities thanks to the Ferrero Foundation, Michele Ferrero Entrepreneurial Project and the Kinder+Sport program. For more information, please visit http://www.ferrero.com or http://www.ferrerocsr.com
SOURCE The Ferrero Group