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 as of December 31, 2022. Wells has completed 2 acquisitions, including Fieldbrook Foods and Halo Top.
- Headquarter Evans City, United States
- Employees 4077 as on 31 Dec, 2022
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Phone
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Website
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Social
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- Legal Name Wells Enterprises Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
- Investors
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Employee Count
4077
as on Dec 31, 2022
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Investments & Acquisitions
Fieldbrook Foods
& 1 more
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Acquired by
Ferrero
(Dec 07, 2022)
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People of Wells
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Sales and Marketing
37 people
Software Development Team
26 people
Leadership Team
16 people
Finance and Accounting
15 people
Human Resources and Administration
7 people
Senior Team
7 people
Product Management Team
7 people
Sr. Team
6 people
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Funding Insights of Wells
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 |
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Leadership is provided on agriculture, food, and rural development matters.
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Branded confectionery products including chocolates and spreads are manufactured.
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Investor details for Wells
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Investments & Acquisitions by Wells
Wells has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fieldbrook Foods and Halo Top.
Investment portfolio details for Wells
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Ice cream brand
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Locked | Locked | 2012 | Locked | |
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Manufacturer of ice cream and frozen novelty treats
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Locked | Locked | 2001 | Locked |
Complete acquisition details for Wells
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Financial Statements - Wells
Detailed financials for Wells
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Wells Comparisons
Peer comparison for Wells
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Competitors of Wells
Detailed competitors of Wells
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Latest news on Wells
Complete news archive for Wells
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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.
As of Dec 31, 2022, the latest employee count at Wells is 4,077.
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.