Nutkao

Last updated
Nutkao S.r.l.
IndustryFood
Founded1982
FounderGiuseppe Braida
Headquarters Canove di Govone [1]
ProductsCocoa and milk spreadable cream
Number of employees
160
Website www.nutkao.com

Nutkao is an Italian food company that specializes in the production of cocoa and milk spreadable creams. [1] [2] Together with Novi and Valsoia, It is a well-established top-tier player in the Italian market of sweet spreads, following only behind Ferrero (which produces Nutella). [3]

Contents

History

The company was founded in 1982 by the current CEO, Giuseppe Braida, a former employee of Ferrero. [4] In 2001, Nutkao relocated from Piobesi d'Alba to Govone, both located in the province of Cuneo. [2]

In 2010, the Consilium Group acquired a majority stake in Nutkao. [1] At that time, Nutkao’s primary markets were Italy and France, but the company also exported its products to other regions within and outside of Europe, including the United States, South America, Australia, the Middle East, China, and North Africa. [1]

In June 2014, Nutkao announced plans to open a facility in Battleboro, North Carolina, United States, with around forty employees. [5] [6]

In 2018, the production center in Accra, Ghana was opened, where exclusively first-choice Ghanaian cocoa beans are processed. [7]

In 2020, Nutkao further expanded its market by acquiring Boerrineke, a Belgian brand known for its chocolate spreadable creams. [8] [7]

See also

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References

  1. 1 2 3 4 "Consilium si mangia le creme al cioccolato di Nutkao". Il Giornale (in Italian). 14 July 2010. Archived from the original on 4 September 2014. Retrieved 18 July 2023.
  2. 1 2 "Chi Siamo" (in Italian).
  3. Soressi}, Manuela (28 July 2021). "Non solo Nutella, le creme made in Italy conquistano i mercati" [Not just Nutella, Italian-made creams are conquering the markets]. Il Sole 24 Ore (in Italian). Retrieved 2023-07-19.
  4. Padovani, Gigi (2014). Mondo Nutella (in Italian).
  5. Stefano Parola (June 24, 2014). "Nutkao, l'altra nutella lancia la sfida della crema da spalmare negli Usa". torino.repubblica.it. Retrieved September 1, 2014.
  6. Giordano, Davide (June 5, 2019). "La rivale della Nutella nasce a pochi chilometri dalla Ferrero" [The rival of Nutella is born a few kilometers from Ferrero]. La Stampa (in Italian). Retrieved 18 July 2023.
  7. 1 2 Giordano, Davide (October 6, 2021). "Nutkao of Govone goes shopping in Belgium and buys Boerrineke" [Govne's Nutkao]. La Stampa (in Italian). Retrieved 2023-07-18.
  8. "Creme spalmabili, Nutkao acquisisce la belga Boerrineke" [Spreadable creams, Nutkao acquires the Belgian Boerrineke]. Il Sole 24 Ore (in Italian). 2021-10-18. Retrieved 2023-06-23.