Brandtree

Who owns Butterfinger?

Butterfinger is owned by Ferrero (Italy), which acquired the brand on 31 March 2018 from Nestlé.[1][1] Before Ferrero, Butterfinger was owned by Nestlé from 1990 to 2018.[1]

This ownership is reported in official statements but has not yet been matched to a regulatory filing.

Key facts

Current owner
Ferrero Group reported
Owned since
· deal details
Acquisition price
$2.8 billion (enterprise value)
Previous owner
Nestlé (1990–2018)
Owner HQ
🇮🇹 Italy, Alba
Origin
🇺🇸 United States
Founded
1923
Category
FoodConfectioneryChocolate
Last verified
· 1 sources

About Butterfinger

Butterfinger is an American candy bar created in 1923, with a flaky peanut butter core in chocolate, and named through a public competition. Ferrero bought Nestlé's United States confectionery business including Butterfinger in 2018 and reformulated the recipe, which drew complaints from long-standing buyers.

Ownership timeline of Butterfinger

Owners of Butterfinger from 1990 to 2026 Nestlé 1990–2018; Ferrero 2018–present Nestlé Ferrero 19901995200020052010201520202025
  1. 1990 – 2018 Nestlé sold 31 March 2018 [1] reported
  2. 2018 – present Ferrero acquired 31 March 2018 [1][1] reported

Where Butterfinger sits in Ferrero

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Butterfinger sits in Ferrero Tree of 18 brands under Ferrero. Ferrero Ferrara Bottle Caps Brach's Laffy Taffy Nerds SweeTarts Trolli Butterfinger Baby Ruth Blue Bunny Crunch Famous Amos Ferrero Rocher and 6 more

Open the full Ferrero ownership tree →

Other brands owned by Ferrero in food

See the full Ferrero brand portfolio (18) →

Deals involving Butterfinger

Divestiture closed

Ferrero acquires Butterfinger, Baby Ruth and Crunch

Nestlé sold its United States confectionery business, including Butterfinger, Baby Ruth, Crunch and around twenty other brands, to Ferrero. Nestlé kept its confectionery businesses in every other market.

Value
$2.8bn
Buyer
Ferrero
Seller
Nestlé
Regulatory
None recorded

Latest news about Butterfinger

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Frequently asked questions

Who is the parent company of Butterfinger?

The parent company of Butterfinger is Ferrero, a family-owned company headquartered in Italy.

Is Butterfinger American or Italian?

Butterfinger originated in the United States in 1923, but it is owned today by Ferrero, which is headquartered in Italy. So Butterfinger is an American-origin brand under Italian ownership.

When did Ferrero buy Butterfinger?

Ferrero completed its acquisition of Butterfinger on 31 March 2018, after announcing the deal on 16 January 2018.

Who owned Butterfinger before Ferrero?

Before Ferrero, Butterfinger was owned by Nestlé from 1990 until 2018.

Is Butterfinger still owned by Ferrero?

Yes. As of 6 September 2026, Butterfinger is still owned by Ferrero. The ownership record was last checked against primary sources on that date.

Sources (1) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] Ferrero Group — our brands — Ferrero Group, Official document; retrieved 6 September 2026.

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