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  1. Home
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  4. Baby Ruth
Baby Ruth logo
Food & Beverage

Who Owns Baby Ruth?

Baby Ruth is owned by Ferrero Group, a privately held Italian confectionery company headquartered in Alba, Piedmont, Italy. Otto Schnering and the Curtiss Candy Company created Baby Ruth in 1921 in Chicago, Illinois. Ferrero acquired Baby Ruth in January 2018 as part of its $2.8 billion purchase of Nestle's United States confectionery portfolio, which also included Butterfinger and Crunch. Ferrero is not publicly traded.

Parent Company

Ferrero

Acquired

2018

Status

Private

Headquarters

Alba, Piedmont, Italy

Baby Ruth Timeline

1921

Baby Ruth

Founded by Otto Schnering

Founded
2018
Acquired by Ferrero

Ferrero acquired Baby Ruth

Acquired
budgetmass marketUnited Statesall-agesOfficial Website

Who Owns Baby Ruth?

  • Parent Company: Ferrero
  • Ownership Type: Wholly owned
  • Acquisition Year: 2018
  • Company Type: Publicly Traded
BrandParent CompanyOwnership Type
Baby RuthFerreroWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonBaby Ruth on Amazon

History of Baby Ruth

  • Founded: 1921
  • Founders: Otto Schnering
  • Acquired by Ferrero: 2018

Otto Schnering founded the Curtiss Candy Company in Chicago, Illinois, in 1916. He was a candy entrepreneur who started in a small Chicago kitchen before moving into commercial production. In 1921, the company introduced Baby Ruth, a chocolate-coated bar containing peanuts, caramel, and nougat. The bar sold for five cents and reached a broad consumer base during the 1920s economic boom.

The origin of the name has been disputed for over a century. Curtiss stated the bar was named after Ruth Cleveland, the daughter of President Grover Cleveland, who had died in 1904. Many historians have questioned this, given that Babe Ruth was the most famous athlete in America in 1921 and the name similarity created obvious commercial value. Curtiss successfully obtained an injunction in the 1930s blocking Babe Ruth from selling his own competing candy bar under his name, citing trademark priority. The official Cleveland naming story remains Curtiss and Ferrero's stated position. No contemporaneous documentation has resolved the question conclusively.

Schnering invested heavily in promotional tactics unusual for the era. The company reportedly hired aircraft to drop Baby Ruth bars over cities, which was legal at the time and generated public attention. The bar became one of the top-selling candy products in the United States through the 1930s and 1940s.

Schnering died in 1953. Curtiss Candy Company was acquired by Standard Brands in 1964. Standard Brands merged with Nabisco in 1981 to form Nabisco Brands. RJR Industries then acquired Nabisco Brands in 1985 to form RJR Nabisco, one of the largest corporate acquisitions of the 1980s.

Nestle purchased Baby Ruth, Butterfinger, and other Curtiss confectionery assets from RJR Nabisco in 1990 for approximately $2.1 billion. Nestle integrated Baby Ruth into its U.S. confectionery operations and manufactured the bar at its Bloomington, Illinois facility. Product extensions during the Nestle era included Baby Ruth Crisp and Baby Ruth-flavored ice cream novelties.

In January 2018, Ferrero closed its acquisition of Nestle's entire U.S. confectionery portfolio for approximately $2.8 billion. After the acquisition, Ferrero reformulated Baby Ruth by replacing oil-roasted peanuts with dry-roasted peanuts and removing the preservative TBHQ. The updated packaging and formula launched from 2018 to 2020. Baby Ruth won the Product of the Year USA award in the Candy Bar category in 2020, with the recognition tied to the reformulation.

About Ferrero

What does Ferrero own?
Ferrero owns iconic confectionery brands including Nutella, Ferrero Rocher, Kinder, and Tic Tac, plus North American confectionery brands (Butterfinger, BabyRuth, 100 Grand), Ferrara candy brands (Brach's, Trolli), Power Crunch protein bars, WK Kellogg Co breakfast cereals (Froot Loops, Apple Jacks, Frosted Flakes, Rice Krispies, Special K), and Purely Elizabeth better-for-you breakfast foods (granola, oatmeal, cereal).

Is Ferrero publicly traded?
No, Ferrero is a privately held company owned by the Ferrero family since its founding in 1946. The company is not publicly traded on any stock exchange.

Who founded Ferrero?
Ferrero was founded in 1946 by Pietro Ferrero in Alba, Italy. Pietro was a pastry maker who created a chocolate hazelnut spread using locally abundant hazelnuts to extend limited cocoa supplies after World War II. After his death in 1949, his son Michele Ferrero expanded the business globally.

Where is Ferrero headquartered?
Ferrero maintains its corporate headquarters in Alba, Italy, where the company was founded. The holding company, Ferrero International S.A., is based in Luxembourg.

What is Ferrero's revenue?
Ferrero reported annual revenue of approximately EUR 19.3 billion for fiscal year 2025. The company has grown consistently, with the WK Kellogg Co acquisition in July 2025 contributing to portfolio diversification.

Who is the CEO of Ferrero?
Giovanni Ferrero serves as Executive Chairman of Ferrero. He is the grandson of founder Pietro Ferrero and has led the company's strategic direction since the death of his father Michele Ferrero in 2015.

  • Founded: 1946
  • Headquarters: Alba, Italy
  • Company Type: Publicly Traded
  • Revenue: approximately €19.3 billion (FY2025)
  • Employees: Approximately 46,000

Visit Ferrero website

View full company profile for Ferrero

Where Is Baby Ruth Made / Based?

  • Headquarters: Alba, Piedmont, Italy
  • Manufacturing / Operations: United States

Baby Ruth Categories & Tags

ChocolateConfectioneryCandyCandy BarSnacks

Baby Ruth Sustainability & Ethics

Baby Ruth operates under Ferrero Group's published sustainability framework. Ferrero has issued sustainability commitments covering cocoa sourcing, palm oil, hazelnut sourcing, packaging recyclability, and carbon reduction.

Ferrero is a member of the World Cocoa Foundation and participates in the Cocoa and Forests Initiative, a sector-wide commitment to end deforestation linked to cocoa farming in West Africa. Ferrero's Ferrero Farming Values Cocoa program is the group's primary mechanism for traceability and farmer engagement in its cocoa supply chain. Ferrero does not publish Baby Ruth-specific cocoa sourcing data.

Baby Ruth wrappers are not recyclable through standard curbside programs as of June 2026. Ferrero has published group-level targets to make 100% of its packaging recyclable, reusable, or compostable, but has not confirmed a specific compliance date for all individual product lines.

Baby Ruth is not certified cruelty-free or vegan-certified. The bar contains milk chocolate and dairy-derived ingredients. No B Corp certification applies to Ferrero Group or the Baby Ruth brand as of June 2026. No Leaping Bunny, PETA, or equivalent certification is claimed for Baby Ruth, and food product sustainability claims from Ferrero's own marketing materials are not independently verified at the brand level.

Baby Ruth Recalls & Controversies

Babe Ruth Trademark Dispute (1930s): Babe Ruth, the New York Yankees outfielder, sought to commercialize his own candy bar in the early 1930s. Curtiss Candy Company obtained an injunction to block the competing product, arguing prior trademark rights in the Baby Ruth name. Ruth's representatives argued the name was designed to exploit his celebrity, but courts sided with Curtiss. The dispute is cited by food historians as one of the more commercially significant trademark cases of the early 20th century. The naming origin has never been conclusively resolved in the public record.

TBHQ Preservative (Nestle Era, removed 2018-2020): The Nestle-era Baby Ruth formulation contained TBHQ, a synthetic antioxidant approved by the FDA for use in food at regulated concentrations. Consumer advocacy groups, including the Center for Science in the Public Interest, had flagged TBHQ as a chemical of concern for years. After acquiring the brand, Ferrero removed TBHQ as part of its reformulation between 2018 and 2020. The current Baby Ruth formula does not contain TBHQ.

Cocoa Supply Chain and Child Labor Litigation: Ferrero Group, like most large cocoa purchasers, sources cocoa from West Africa, primarily Ivory Coast and Ghana. These regions have documented problems with child labor in cocoa farming. In 2021, a class action lawsuit filed in U.S. federal court named Ferrero and several other major chocolate companies, alleging they knowingly benefited from child labor in their cocoa supply chains. Ferrero denied the allegations and cited its Ferrero Farming Values program as evidence of supply chain oversight. The litigation was ongoing as of June 2026. The issue is an industry-wide challenge and is not specific to Baby Ruth.

Brands Owned by Ferrero

Ferrero RocherFood Beverage

Ferrero Rocher

Owned by Ferrero

Premium hazelnut chocolate brand launched in 1982 by Ferrero Group, sold in over 170 countries. Known for gold-foil wrapped praline chocolates and gifting positioning.

chocolatepremium-chocolategifting
NutellaFood Beverage

Nutella

Owned by Ferrero

Italian chocolate hazelnut spread brand owned by Ferrero Group, the world's best-selling branded chocolate spread with annual production exceeding 365,000 tonnes and sales in over 160 countries. Ferrero reported 2023/24 revenue of approximately €19.3 billion.

chocolatehazelnut-spreadconfectionery
Purely ElizabethFood Beverage

Purely Elizabeth

Owned by Ferrero

Better-for-you breakfast brand founded in 2009 in Boulder, Colorado, known for granola, oatmeal, and cereal with premium ingredients. Acquired by Ferrero Group in August 2026 for approximately $850 million.

granolabreakfastbetter-for-you
View all brands owned by Ferrero

Baby Ruth Ownership: Pros & Cons

Advantages

  • +Over 100 years of brand recognition in the U.S. candy market with a distinctive peanut, caramel, nougat, and chocolate formula
  • +Ferrero's post-acquisition reformulation removed TBHQ and upgraded to dry-roasted peanuts, earning the Product of the Year USA 2020 award in the Candy Bar category
  • +Access to Ferrero's consolidated U.S. retail distribution infrastructure, shared with Butterfinger, Crunch, and Ferrara Candy brands
  • +Backed by a parent company with EUR 18.4 billion in annual turnover and a track record of growing acquired American confectionery brands

Considerations

  • -Ferrero is privately held, providing no public financial transparency about Baby Ruth's revenue, market share, or capital allocation
  • -The brand competes against Snickers (Mars) and Reese's (Hershey), both of which hold substantially larger U.S. market share in the peanut-chocolate segment
  • -Primary distribution is concentrated in the United States, limiting international growth compared to Ferrero's European heritage brands
  • -Ferrero faces ongoing U.S. federal litigation over child labor allegations in its West African cocoa supply chain, an unresolved legal and reputational risk that applies across the group's chocolate portfolio

Frequently Asked Questions About Baby Ruth

Sources & Further Reading

  • Ferrero USA Official Baby Ruth Page
  • Ferrero Group Corporate Website
  • Ferrero Group 2023/2024 Financial Year Press Release
  • Ferrero Group Sustainability Report
  • Made-in-Chicago Museum: Curtiss Candy Co. History
  • National Confectioners Association
  • Product of the Year USA
  • World Cocoa Foundation
  • U.S. Food and Drug Administration (TBHQ approved uses)
  • Wikidata: Baby Ruth
  • Business and Human Rights Resource Centre

Competitors to Baby Ruth

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
AeroAero
Nestle
United Kingdom
1935
Mass marketEuropeAll-ages
M&M'sM&M's
Mars Inc
USA
1941
Mass marketGlobalAll-ages
ButterfingerButterfingerSister Brand
Ferrero
USA
1923
Mass marketUnited statesAll Genders
CrunchCrunchSister Brand
Ferrero
Switzerland (Nestle global)
1938
Mass marketGlobalAll Genders
Hershey'sHershey's
Hershey
USA
1900
Mass marketGlobalAll-ages
SkittlesSkittles
Mars Inc
USA
1974
Mass marketGlobalAll-ages

Learn More About Competitors

AeroFood Beverage

Aero

Owned by Nestlé S.A.

British chocolate brand known for its distinctive aerated, bubbly texture, produced and distributed by Nestle and sold primarily in the United Kingdom, Canada, and select international markets.

chocolateconfectionerysnacks
M&M'sFood Beverage

M&M's

Owned by Mars, Incorporated

Candy-coated chocolate confections produced by Mars, Incorporated, one of the world's best-selling candy brands since 1941.

candychocolateconfectionery
ButterfingerFood Beverage

Butterfinger

Owned by Ferrero

American candy bar brand known for its peanut butter and chocolate flavor, owned by Ferrero Group.

candy-barchocolatepeanut-butter
CrunchFood Beverage

Crunch

Owned by Ferrero

Milk chocolate and crisped rice bar introduced by Nestle in 1938, now produced in the United States by Ferrara Candy Company (Ferrero) and globally by Nestle.

chocolateconfectionerycandy
Hershey'sFood Beverage

Hershey's

Owned by The Hershey Company

American chocolate brand known for Hershey's Milk Chocolate bars, Kisses, and various chocolate confections, owned by The Hershey Company.

chocolatemilk-chocolatecandy
SkittlesFood Beverage

Skittles

Owned by Mars, Incorporated

Fruit-flavored candy brand known for its colorful shell coating and "Taste the Rainbow" slogan. Owned by Mars, Incorporated.

candyconfectioneryfruit-flavored

Competitive Analysis

Market Positioning: Baby Ruth competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Baby Ruth

Looking for brands with different ownership structures? These similar brands are not owned by Ferrero, giving you alternative choices that support different corporate structures.

AeroFood Beverage

Aero

Owned by Nestlé S.A.

British chocolate brand known for its distinctive aerated, bubbly texture, produced and distributed by Nestle and sold primarily in the United Kingdom, Canada, and select international markets.

chocolateconfectionerysnacks
Publicly Traded

Aero is owned by Nestlé S.A., a public company, a different structure than Baby Ruth's parent.

CadburyFood Beverage

Cadbury

Owned by Mondelez International, Inc.

British confectionery brand known for Dairy Milk chocolate, owned by Mondelez International.

chocolateconfectionerydairy-milk
Publicly Traded

Cadbury is owned by Mondelez International, Inc., a public company, a different structure than Baby Ruth's parent.

KitKatFood Beverage

KitKat

Owned by Nestlé S.A.

Chocolate-covered wafer bar created by Rowntree's in 1935, owned globally by Nestle S.A. and licensed to The Hershey Company in the United States under a perpetual agreement.

chocolateconfectionerywafer-bar
Publicly Traded

KitKat is owned by Nestlé S.A., a public company, a different structure than Baby Ruth's parent.

DoritosFood Beverage

Doritos

Owned by PepsiCo, Inc.

American brand of flavored tortilla chips produced by Frito-Lay, a subsidiary of PepsiCo. Over $2 billion in annual retail sales.

tortilla-chipssnackscorn-chips
Publicly Traded

Doritos is owned by PepsiCo, Inc., a public company, a different structure than Baby Ruth's parent.

Frito-LayFood Beverage

Frito-Lay

Owned by PepsiCo, Inc.

American snack foods division of PepsiCo, producing Lay's, Doritos, Cheetos, Tostitos, Fritos, and other snack brands.

snackscorn-chipspotato-chips
Publicly Traded

Frito-Lay is owned by PepsiCo, Inc., a public company, a different structure than Baby Ruth's parent.

FritosFood Beverage

Fritos

Owned by PepsiCo, Inc.

American corn chip brand created in 1932 by Charles Elmer Doolin, produced by Frito-Lay (PepsiCo Foods North America).

corn-chipssnacksamerican-classic
Publicly Traded

Fritos is owned by PepsiCo, Inc., a public company, a different structure than Baby Ruth's parent.

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Last reviewed: June 7, 2026 · Reviewed by Who Brands Editorial Team