SHARE

Ferrero completes $3.1bn acquisition of WK Kellogg

Ferrero has closed its $3.1 billion purchase of WK Kellogg, making the cereal business private and delisting it from the NYSE. The move adds iconic breakfast brands like Froot Loops and Rice Krispies to Ferrero’s North American arm.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.