Thorntons

Ferrero-owned chocolate business Thorntons to close UK outlets

Thorntons, the UK chocolate business owned by Italian confectionery giant Ferrero, has announced the permanent closure of all of its retail…

Jobs cut as Ferrero-owned UK confectioner Thorntons restructures

Thorntons, the UK confectionery business owned by Italy's Ferrero, has made an undisclosed number of redundancies at its site in…

Ferrero – vital for UK to avoid “cliff-edge” Brexit

Ferrero has painted a bleak picture for its business in the UK should the country fail to reach a suitable…

UK’s Finsbury Food Group renews Thorntons cakes contract

UK bakery business Finsbury Food Group has renewed its long-standing partnership with chocolate maker Thorntons. The agreement will see the…

Finsbury reports 25% rise in full-year sales revenue

UK cake and bread maker Finsbury Food Group reported increased sales revenue of nearly 25% for the full financial year ended 2…

How Unilever’s Grom deal shows brands eyeing own retail presence

Unilever is building on its push into branded ice cream retail with the acquisition of Italian gelato group Grom. And…

Finsbury launches Thorntons cake bites line

Finsbury Food Group has launched Thorntons Little Temptations, a line of cake bites, in the UK. The bagged products are…

Food industry news of the week – Ferrero & Thorntons, JBS & Moy Park

This week has been bumper for food sector M&A. Ferrero announced that it is gobbling up UK chocolate maker Thorntons.…

In the spotlight: What lies behind Ferrero’s move for Thorntons?

Italian confectioner Ferrero has made a surprise move for UK chocolate maker and retailer Thorntons. One cannot ignore the fact…

Ferrero makes offer for Thorntons

Italian confectioner Ferrero has launched a takeover bid to buy UK chocolate group Thorntons, in a deal valuing the business…