About Wells
Wells is a company based in Evans City (United States) founded in 1913 was acquired by Ferrero in December 2022. The company has 4,077 employees. Wells has completed 2 acquisitions, including Fieldbrook Foods and Halo Top.
- Headquarter Evans City, United States
- Employees 4,077
- Website wellsenterprisesinc.com
- Social LinkedIn Facebook Instagram
- Acquired by Ferrero (Dec 2022)
- Legal Name Wells Enterprises Inc
- Investors
- Employee Count4,077
- Investments & AcquisitionsFieldbrook Foods
& 1 more
- Acquired byFerrero
(Dec 2022)
Funding Insights of Wells
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Wells with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2008 | – | Grant | β | β |
2 investors in total: 2 institutional.
Investors in Wells
Wells has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture and Ferrero.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Leadership is provided on agriculture, food, and rural development matters. | 1862 | usda.gov | - | |
Branded confectionery products including chocolates and spreads are manufactured. | 1946 | ferrero.com | Luxembourg, Luxembourg |
Investor details for Wells
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Wells
152 people are tracked at Wells (54 in leadership, 98 in team); the tracked headcount is 4,077.
| Name | Role | Group |
|---|---|---|
Michael Wells | CEO | Leadership |
Greg Breyfogle | Sr Director Corporate Engineering | Leadership |
Aaron Tolzin | Sr. Director, Plant Manager | Leadership |
Cassandra Ludwig | Vice President Of Retail Sales | Leadership |
Randy Martin | Director - Sales & Distribution | Leadership |
Libby Bridges | Vice President Sales And Customer Development, Walmart And Sam's Club | Leadership |
Jasen Heaton | Sr Director Shared Services | Leadership |
Deborah Zago | Chief People & Organization Officer | Leadership |
Igor German | Marketing Director | Leadership |
Deepti Khurana | Director Demand Planning | Leadership |
Cindy Koch | Chief Financial Officer | Leadership |
James W. Reynolds | Sr Vice President Marketing And Research & Development | Leadership |
Mike Kooistra | Director, Information Technology | Leadership |
Adam Baumgartner | Vice President, Institutional Affairs And Corporate Communications | Leadership |
Uri Weinberg | Director Forecasting Analytics & Business Intelligence | Leadership |
Liam Killeen | Chief Executive Officer And President | Leadership |
Ken Reuter | Chief Customer Officer | Leadership |
Kyle Hartje | Director Of Financial Planning And Analysis | Leadership |
Ryan Schaap | Chief Information Officer | Leadership |
Bill Mick | Vice President, Transformation | Leadership |
132 more people are available in the full profile.
Complete people profiles for Wells
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Wells
Wells has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fieldbrook Foods and Halo Top.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Ice cream brand | halotop.com | Manhattan Beach, United States | 2012 | Sep 2019 | β’β’β’β’ | |
Manufacturer of ice cream and frozen novelty treats | fieldbrookfoods.com | Dunkirk, United States | 2001 | Apr 2019 | β’β’β’β’ |
Complete acquisition details for Wells
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Wells
5 dated milestones of Wells across 109 years, from founding to its latest funding, stage changes and deals.
- Founded Wells is founded.
- Funding First funding round.
- Acquisition Acquires Fieldbrook Foods.
- Acquisition Acquires Halo Top.
- Exit Acquired by Ferrero.
Web traffic of Wells
The website of Wells (wellsenterprisesinc.com) receives about 15.8K visits a month.
- Monthly visits15.8K
▲ 38% vs previous month
Websites whose visitors overlap most with Wells. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hersheyicecream.com | 100% | 23.4K | #1,047,173 | View details | |
wellsdairy.com | wellsdairy.com | 97% | – | – | β |
popsicle.com | popsicle.com | 96% | – | #435,523 | β |
| jonnypops.com | 91% | 15.5K | #1,543,686 | View details | |
icecream.com | icecream.com | 91% | – | #152,107 | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 13 similar websites and full traffic analytics for Wells
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Frequently Asked Questions about Wells
Wells was founded in 1913 and raised its 1st funding round 95 years after it was founded.
Wells is headquartered in Evans City, United States. It is registered at Evans City, Pennsylvania, United States.
Michael Wells is the current CEO of Wells.
Wells has 4,077 employees.
Manufacturer of ice cream and frozen novelty treats. This company produces a variety of ice cream and frozen dessert products under several well-known brands. The manufacturing process emphasizes food safety and quality control. The company also has a history of community involvement and charitable giving. Its operations include a manufacturing facility and distribution network. The business model focuses on producing and distributing high-quality frozen treats to consumers.
Wells has made 2 acquisitions, including Fieldbrook Foods, and Halo Top.
Wells has 2 investors. Key investors include United States Department of Agriculture, and Ferrero.
Wells operates through Wells Enterprises Inc.
Yes. Wells was acquired by Ferrero in December 2022.
