# FERRERO GROUP TO ACQUIRE PURELY ELIZABETH, A LEADING U.S. MODERN WELLNESS BRAND

- Link: https://www.thailand-business-news.com/pr-news/ferrero-group-to-acquire-purely-elizabeth-a-leading-u-s-modern-wellness-brand
- Published: 2026-08-14T22:00:00+07:00
- Author: PR Newswire

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LUXEMBOURG and BOULDER, Colo., Aug. 14, 2026 /PRNewswire/ — Ferrero Group today 
announced it has signed an agreement to acquire Purely Elizabeth, the high-growth
modern wellness brand and a leading better-for-you food company based in the U.S.
The acquisition further enhances Ferrero’s relevance at the American breakfast table
with Purely Elizabeth joining its portfolio. Following closing, Ferrero intends 
to support Purely Elizabeth’s next phase of growth through continued product innovation,
operational capabilities and expanded distribution, helping the brand reach more
consumers while preserving its distinct identity and commitment to quality.

 [⌊Elizabeth Stein Founder and CEO of Purely Elizabeth⌉](https://mmx.prnewswire.com/media/MS1969438/Elizabeth-Stein-Founder-and-CEO-of-Purely-Elizabeth.jpg?id=OA2884134&token=eyJhbGciOiJkaXIiLCJlbmMiOiJBMjU2R0NNIn0..Wi9_P00Y6KFkZNex.5UvMAij4JDen_Ie5WtBTmmSZr73rgJQM_KXWATWqwjQvhGaWeKRvg4QHxXkQVbRKY0eTwV7eY8UYCqlUWTYWH1QR3Z_al5mgrBu6PV-HbTGxGO5ir-Rl8DUKhj1-cfCLyrw.X22pJsfW3tKSeD5LieiojQ)

Elizabeth Stein Founder and CEO of Purely Elizabeth

Founded in 2009 and based in Boulder, Colorado, Purely Elizabeth has more than doubled
its sales in the past two years, driven by its innovative portfolio of granola, 
oatmeal and cereals while more recently expanding into the fast-growing protein 
segment. The brand has built a leading position and helped shape evolving consumer
expectations around breakfast and wellness by pioneering premium and taste-forward
products containing ingredients such as oats, whole grains, nuts and seeds.

"Purely Elizabeth, with its terrific portfolio of quality, tasty products, is a 
great addition to Ferrero," said **Giovanni Ferrero, President of Ferrero International
S.A.**, holding company of the Ferrero Group. "With this transaction, Ferrero builds
on its recent acquisition of WK Kellogg Co, reinforcing both its presence at breakfast
time in America and its reach in the better-for-you segment."

_"We are delighted to welcome Purely Elizabeth to the Ferrero Group,"_ said **Lapo
Civiletti, President of Ferrero Ice Cream and WK Kellogg** **Co**. _"This acquisition
reflects our long-term strategy to invest in high-growth categories and further 
enhance our presence in the better-for-you offerings across breakfast occasions 
and beyond. Purely Elizabeth has built a distinctive brand by being in tune with
evolving consumer preferences through premium, innovative and delicious products,
making it a highly complementary addition to our portfolio. We look forward to supporting
the brand’s continued growth while preserving the entrepreneurial spirit that has
made it successful."_

_"Building Purely Elizabeth from an idea 17 years ago into the brand it is today
has been one of the most rewarding journeys of my life, and I’m incredibly proud
of what our team has accomplished," said _**Elizabeth Stein, Founder and CEO of 
Purely Elizabeth.**_ "As I thought about the next chapter, finding a partner who
understood what makes Purely Elizabeth special and shared our commitment to quality,
innovation, and building for the long term was incredibly important to me. In Ferrero,
we’ve found a family-owned company that believes deeply in what we’ve built and 
sees the tremendous opportunity still ahead. I couldn’t be more excited to continue
leading Purely Elizabeth alongside our team as we bring our mission and products
to even more people."_

The company will continue to operate as a standalone brand within the Ferrero Group,
with Founder and CEO Elizabeth Stein, continuing in her role alongside the existing
leadership team. The business will benefit from Ferrero Group’s long-term commitment
to support the brand’s product-development pipeline and innovation, supporting the
continued growth of Purely Elizabeth and its product offering.

The acquisition builds on Ferrero Group’s growing portfolio in the U.S., following
the 2025 acquisition of WK Kellogg Co. It also further expands the company’s presence
in both the breakfast and better-for-you categories, alongside brands including 
Eat Natural and FULFIL in Europe, Power Crunch in North America and Bold Snacks 
in Brazil.

The proposed transaction is expected to close in the coming months, subject to customary
closing conditions and regulatory approvals.

**About Ferrero Group**

Ferrero Group is a global leader in sweet-packaged foods, renowned for iconic brands
such as Nutella®, Kinder®, Ferrero Rocher®, and Tic Tac®, alongside local favorites.

Founded in 1946 in Alba, Italy, Ferrero marks 80 years as a family-owned group with
more than 50,000 employees and operations in over 170 countries. The company combines
a strong heritage and commitment to quality with continuous innovation across brands
and categories, including ice cream, biscuits and bakery, breakfast cereals, and
better-for-you offerings. Guided by a long-term vision, Ferrero focuses on sustainable
and responsible growth, strengthening its presence in emerging segments while staying
true to its values of excellence and care.

**About Purely Elizabeth: **

Founded in 2009 by wellness entrepreneur and holistic nutrition counselor Elizabeth
Stein, Purely Elizabeth is a modern wellness brand that is redefining the better-
for-you breakfast category and beyond. What began with Elizabeth’s vision to create
nourishing food without compromising on taste has grown into a beloved portfolio
spanning granola, oatmeal, cereal and more. A pioneer in bringing ancient grains,
thoughtfully sourced ingredients and functional nutrition into the mainstream, Purely
Elizabeth continues to create products that meet consumers at the intersection of
nutrition and deliciousness. Its mission is simple: to help people thrive on their
wellness journey, one delicious bite at a time. For more information, visit [www.purelyelizabeth.com](http://www.purelyelizabeth.com/)
or follow @purely_elizabeth on Instagram and TikTok.

 [⌊Purely Elizabeth Family Shot⌉](https://mmx.prnewswire.com/media/MS1969440/Purely-Elizabeth-Family-Shot.jpg?id=OA2884136&token=eyJhbGciOiJkaXIiLCJlbmMiOiJBMjU2R0NNIn0..EYxMvvJKPpD2TwwV.IAtqrrtoLnjiOwUSH-L58IBsV8DlEn6FMV18iJFPXcfczdJrnwtAZ0LBd9TPx85Bu_KMQpTfw-XsfJFtifwxHVoJ0V_iH59S5ZUPAEz_oUHY1zGaz8TBudOq7D1J7f0ZY4U.uhn50XgHEdys5w6qAsk4jQ)

Purely Elizabeth Family Shot

 

 [⌊Purely Elizabeth Organic Original Ancient Grain Granola⌉](https://mmx.prnewswire.com/media/MS1969442/Purely-Elizabeth-Organic-Original-Ancient-Grain-Granola.jpg?id=OA2884138&token=eyJhbGciOiJkaXIiLCJlbmMiOiJBMjU2R0NNIn0..x-gOTb-XpkAEq9VR.TshyjBFQei4a4QN21b4WsOY5b4hiOuvU5VOHMsd8fK_-TcL1jVy8Jj3SHHQ3A-e08CG9naQxqR6nGVlrhdAdYj-cPLKRVf-xsUhDZpEql0WbmJISvrnAqxcDZ0c_WIKLhUE.WmP386vG-qr3R4smf78LVQ)

Purely Elizabeth Organic Original Ancient Grain Granola

 

 

 

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