Nutella Maker Pays $2.8 Billion for Nestle U.S. Chocolate Unit

Nutella Maker Pays $2.8 Billion for Nestle U.S. Chocolate Unit

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Interactive Video

Business

University

Hard

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The video discusses Nestle's strategic shift away from unhealthy snacks under its new CEO, marking its largest divestment to date. Meanwhile, Ferrero aims to expand its presence in the US market by acquiring well-known brands, as its existing products like Nutella are not as popular in the US. The video also explores Ferrero's brand strategy and future plans regarding the acquired brands.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Nutella face in the US market according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the brands that Ferrero is considering keeping after the acquisition?

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