Wells

Evans City, United States Founded: 1913 • Age: 113 yrs Acquired By Ferrero
Ice cream and frozen novelty treats are manufactured and distributed.

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.

Key Metrics

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2008–Grant––
Valuation history

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Leadership is provided on agriculture, food, and rural development matters.
1862usda.gov-
Branded confectionery products including chocolates and spreads are manufactured.
1946ferrero.comLuxembourg, Luxembourg
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Investor details for Wells

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Wells

152 people are tracked at Wells (54 in leadership, 98 in team); the tracked headcount is 4,077.

NameRoleGroup
Michael Wells
CEOLeadership
Greg Breyfogle
Sr Director Corporate EngineeringLeadership
Aaron Tolzin
Sr. Director, Plant ManagerLeadership
Cassandra Ludwig
Vice President Of Retail SalesLeadership
Randy Martin
Director - Sales & DistributionLeadership
Libby Bridges
Vice President Sales And Customer Development, Walmart And Sam's ClubLeadership
Jasen Heaton
Sr Director Shared ServicesLeadership
Deborah Zago
Chief People & Organization OfficerLeadership
Igor German
Marketing DirectorLeadership
Deepti Khurana
Director Demand PlanningLeadership
Cindy Koch
Chief Financial OfficerLeadership
James W. Reynolds
Sr Vice President Marketing And Research & DevelopmentLeadership
Mike Kooistra
Director, Information TechnologyLeadership
Adam Baumgartner
Vice President, Institutional Affairs And Corporate CommunicationsLeadership
Uri Weinberg
Director Forecasting Analytics & Business IntelligenceLeadership
Liam Killeen
Chief Executive Officer And PresidentLeadership
Ken Reuter
Chief Customer OfficerLeadership
Kyle Hartje
Director Of Financial Planning And AnalysisLeadership
Ryan Schaap
Chief Information OfficerLeadership
Bill Mick
Vice President, TransformationLeadership

132 more people are available in the full profile.

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Complete people profiles for Wells

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Ice cream brand
halotop.comManhattan Beach, United States2012Sep 2019β€’β€’β€’β€’
Manufacturer of ice cream and frozen novelty treats
fieldbrookfoods.comDunkirk, United States2001Apr 2019β€’β€’β€’β€’
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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.

  1. Founded Wells is founded.
  2. Funding First funding round.
  3. Acquisition Acquires Fieldbrook Foods.
  4. Acquisition Acquires Halo Top.
  5. Exit Acquired by Ferrero.

Web traffic of Wells

The website of Wells (wellsenterprisesinc.com) receives about 15.8K visits a month.

  • Monthly visits
    15.8K

    ▲ 38% vs previous month

Similar websites

Websites whose visitors overlap most with Wells. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hersheyicecream.com
100%
23.4K#1,047,173View details
wellsdairy.com
wellsdairy.com
97%
–––
popsicle.com
popsicle.com
96%
–#435,523–
jonnypops.com
91%
15.5K#1,543,686View details
icecream.com
icecream.com
91%
–#152,107–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for Wells

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 13 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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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.

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