Ferrero has announced plans to build a new factory in Turkey in the province of Manisa to leverage its position in a confectionery market that has grown 120% since 2004, according to figures from Mintel.
The chances of Ferrero making a move on Parmalat to create an Italian food super-group have increased after the Italian government pushed through a decree to frustrate Lactalis’ bid to gain management control of Parmalat.
Family owned Italian chocolate manufacturer Ferrero has revealed to FoodManufacture.co.uk that it is considering investing in UK production sites as it bids to double current UK chocolate sales by 2015.
Ferrero UK has been told to remove its recent TV advertisement for
Nutella, after a British Advertising Standards Authority (ASA)
verdict that it contains misleading information about nutritional