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It is still owned by the Ferrero family.
In 1946 Pietro Ferrero invented a cream of hazelnuts and cocoa, meant to be spread on bread, and called it Pasta Gianduja. The product had great success and as a result, Ferrero created the new company to produce and market it. A similar product, sold under the name Nutella since 1964, became popular around the world, along with many other products, including the chocolates Ferrero Rocher, Pocket Coffee, Mon Cheri, Giotto, Confetteria Raffaello, and the Tic Tac breath mints. Ferrero also produces the Kinder product series, including Kinder Surprise (also known as "Kinder Eggs"), Fiesta Ferrero, Kinder Chocolate bars, Kinder Happy Hippo, Kinder Maxi, Kinder Delice and Kinder Bueno...
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