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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Sugar & Confectionery > Ferrero SpA

Ferrero SpA
 PROFILE
Ferrero has come out of its shell and spread across the globe. The company, one of Europe's top confectioners, makes treats such as Kinder Surprise Eggs (egg-shaped chocolates with tiny toys inside) and Nutella hazelnut spread. Its other products include Mon Cheri and Pocket Coffee pralines, Rocher chocolates, and Tic Tac breath mints. Ferrero, which is among Italy's most admired companies, also produces Estathe soft drinks. It operates some 16 factories worldwide and sells its sweets in the Americas, Asia, Europe, and the Middle East. The company, founded in 1946 by co-CEOs Pietro and Giovanni Ferrero, is owned by the Ferrero family. Ferrero has a stake in banking giant MEDIOBANCA.

 COMPETITION
Cadbury Schweppes plc (CSG)
Mars, Incorporated (dossier)
Nestlé S.A. (NSRGY)

 FINANCIAL OVERVIEW
1999 Sales (mil.): 4,148.80
Employees: 14,000
Revenue per employee: $296,342.86

 KEY PEOPLE
• Giovanni Ferrero
    CEO
• Roberto Dorigo
    CFO

 CONTACT INFO
Piazzale Pietro Ferrero
12051 Alba Cuneo, Italy
Phone: 39-0173-2951
Fax: 39-0173-363034

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