This milestone marks a significant victory for the Minneapolis-based food giant, which successfully reached its goal several months ahead of its original summer 2026 commitment.
By adding a specialized bakery arm to its portfolio, LSDH is evolving into a multi-category food powerhouse.
The move reinforces Orior’s strategic ambition to deepen its footprint in the premium fresh pasta segment across Europe.
Under the new structure, Alessandro Nervegna, previously Chief Strategy and Innovation Officer, will be appointed CEO of Ferrero Core while Lapo Civiletti, the current CEO, will continue with the company as Vice President, Ferrero International S.A., and will assume the newly created role of President of Ferrero Ice Cream and WK Kellogg Co.
The complex also features soybean preparation and crushing lines, oil and meal extraction units, a lecithin degumming and packaging section, and a refinery.