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Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

Ferrero to buy Froot Loops maker WK Kellogg in $3.1 billion deal

Ferrero, the European confectionery giant behind Nutella and Ferrero Rocher, is set to acquire WK Kellogg Co ., the maker of Froot Loops and other classic American cereals, in a $3.1 billion deal, according to a press release issued Thursday.

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Michigan's WK Kellogg cereal maker set to be bought by Italian candymaker Ferrero

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Snap, crackle, sale: Nutella maker Ferrero plans to buy WK Kellogg for $3 billion

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WK Kellogg Stock Pops as Ferrero Buys Cereal Giant for $3.1B

WK Kellogg emerged in 2023 when Kellogg split up its cereal lines and snack business, which became Kellanova Key Takeaways.

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Ferrero To Acquire WK Kellogg Co for $3.1 Billion

Kellogg’s sales, income and stock price have been on a down slide since the 2023 split with Kellanova; Ferrero will become ...

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