Ferrara Candy Company Acquires Dori Alimentos from ACON Investments

Ferrara Candy Company to Acquire Jelly Belly Candy Company

October 18, 2023

Food & Beverage

Ferrara Candy Company, through its lead holding company CTH Invest, has agreed to acquire Jelly Belly Candy Company. The deal (terms undisclosed) will bring nearly 800 Jelly Belly employees and facilities in California, Illinois, and Thailand into Ferrara's portfolio; the transaction is expected to close by the end of 2023.

Vandemoortele Acquires Dolciaria Acquaviva from Apheon

May 29, 2024

Food & Beverage

Belgian family-owned food group Vandemoortele has acquired a majority stake in Dolciaria Acquaviva S.p.A. from pan-European private equity firm Apheon. The deal gives Vandemoortele a stronger foothold in Southern Europe and Italy’s frozen bakery market while enabling further international expansion of the Dolciaria product range and industrial footprint.

CTH Invest SA (Ferrero-related) Acquires Nonni's Bakery from Vestar Capital Partners

July 24, 2024

Food & Beverage

CTH Invest SA, a Ferrero-related Belgian holding company, has agreed to acquire Nonni's Bakery from Vestar Capital Partners. The acquisition returns Nonni's to its Italian roots, strengthens Ferrero-related groups' presence in North America, and brings into the fold a Wexford, Pennsylvania-based artisanal biscotti and packaged-snacks manufacturer with ~350 employees and four plants.

Ferraro Foods Acquires Cremosa Food Company (and New Cremflora Foods)

January 28, 2021

Food & Beverage

Ferraro Foods has acquired Cremosa Food Company and New Cremflora Foods, bringing the two family-owned pizza- and restaurant-focused distributors into the Ferraro Foods platform. The deal expands Ferraro's footprint and product offering along the East Coast, combining legacy family brands and refrigerated distribution capabilities based in Melville, New York and Ocala, Florida.

ACON Investments Acquires Stake in Sapore S.A.

April 5, 2022

Food & Beverage

ACON Investments and affiliates of ACON Latin America Opportunities Fund V, L.P., together with co-investors, acquired an equity stake in Sapore S.A., Brazil’s largest privately‑owned corporate foodservice company. The investment will fund Sapore’s expansion and technology initiatives and support the existing shareholders and management as they prepare the company for a potential IPO.

Ferrero Acquires WK Kellogg Co

September 26, 2025

Food & Beverage

The Ferrero Group has completed its acquisition of WK Kellogg Co, with WK Kellogg Co becoming a wholly owned subsidiary. WK Kellogg Co shareholders received $23.00 in cash per share; Ferrero says the purchase expands its strategic growth and brand portfolio in North America.