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.
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.
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.
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Frequently asked questions
Who is the parent company of Butterfinger?
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The parent company of Butterfinger is Ferrero, a family-owned company headquartered in Italy.
Is Butterfinger American or Italian?
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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?
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Ferrero completed its acquisition of Butterfinger on 31 March 2018, after announcing the deal on 16 January 2018.
Who owned Butterfinger before Ferrero?
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Before Ferrero, Butterfinger was owned by Nestlé from 1990 until 2018.
Is Butterfinger still owned by Ferrero?
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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.