Ferrero Group acquires Blue Bunny, Halo Top parent company
Wells Enterprises also offers Blue Ribbon Classics and Bomb Pop brands.
The Ferrero Group will acquire Wells Enterprises, its operations and its ice cream brands, which include Blue Bunny, Blue Ribbon Classics, Bomb Pop and Halo Top. The acquisition is part of Ferrero's strategic growth ambitions for the ice cream category and Wells' vision for accelerated growth.
The transaction, subject to customary closing conditions, is expected to close in early 2023. Terms of the transaction are not being disclosed.