Who Brands - Brand Ownership DirectoryWho Brands
HomeBrowse BrandsCategoriesCompaniesCompareBlogQuizAbout
HomeBrowse BrandsCategoriesCompaniesCompareBlogQuizAbout
Who Brands

Your trusted reference for brand ownership information. We provide factual, comprehensive data about who owns the brands you know.

Stay in the know

Get the latest ownership updates delivered to your inbox.

Browse

  • All Brands
  • Categories
  • Companies
  • Countries
  • Compare Brands
  • Blog
  • Brand Quiz
  • RSS Feed

Company

  • About Us
  • Methodology
  • Contact
  • FAQ
  • Submit a Brand
  • List Your Brand
  • Write for Us

Legal

  • Terms of Service
  • Privacy Policy
  • Cookie Policy
  • Affiliate Disclosure
  • Disclaimer

Support Us

☕Buy me a coffee

2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
  2. Brands
  3. Food & Beverage
  4. Purely Elizabeth
Purely Elizabeth logo
Food & Beverage

Who Owns Purely Elizabeth?

Purely Elizabeth is a better-for-you breakfast brand founded in 2009 by Elizabeth Stein in Boulder, Colorado. The brand produces granola, oatmeal, cereal, and baking mixes with premium ingredients including ancient grains and superfoods. On August 14, 2026, Ferrero Group, the privately held Italian confectionery company controlled by the Ferrero family, signed a definitive agreement to acquire Purely Elizabeth for approximately $850 million. Founder Elizabeth Stein continues as CEO and the brand operates as a standalone entity within the Ferrero Group. Purely Elizabeth had approximately $250 million in trailing 12-month revenue, having more than doubled its sales in the prior two years. The brand is the number one granola brand in the United States by dollar and unit sales.

Parent Company

Ferrero

Acquired

2026

Status

Private

Headquarters

Boulder, Colorado, USA

Purely Elizabeth Timeline

1946
Ferrero

Parent company established in Alba, Italy

Company Founded
2009

Purely Elizabeth

Founded by Elizabeth Stein

Founded
2026
Acquired by Ferrero

Ferrero acquired Purely Elizabeth

Acquired
premiumpremiumUnited Statesb corporganic certifiedOfficial Website

Who Owns Purely Elizabeth?

  • Parent Company: Ferrero
  • Ownership Type: Wholly owned
  • Acquisition Year: 2026
  • Company Type: Publicly Traded
BrandParent CompanyOwnership Type
Purely ElizabethFerreroWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonPurely Elizabeth on Amazon

History of Purely Elizabeth

  • Founded: 2009
  • Founders: Elizabeth Stein
  • Acquired by Ferrero: 2026

Purely Elizabeth was founded in 2009 by Elizabeth Stein, a certified holistic nutrition counselor who had attended the Institute for Integrative Nutrition in 2007. Stein launched a wellness practice in New York City and began selling muffin mixes to her nutrition clients in 2008 and 2009. The muffin mixes, made with ancient grains and superfoods, were popular with clients who wanted convenient, healthy breakfast options.

Stein recognized that the better-for-you breakfast category was underserved in 2009. Most granola and cereal products on the market were either conventional products with refined grains and added sugars, or niche health food products with limited distribution and appeal. Stein saw an opportunity to create a brand that combined premium ingredients (ancient grains like quinoa and amaranth, superfoods like chia and hemp seeds) with accessible flavor profiles and broad retail distribution.

The brand launched with a line of granola, oatmeal, and baking mixes made with ancient grains and superfoods. The products were positioned as premium natural foods, priced above conventional granola but below niche health food brands. The brand's early distribution was through natural food stores and specialty retailers in the New York City area.

In 2014, Stein moved Purely Elizabeth's headquarters from New York City to Boulder, Colorado, to be closer to manufacturing and to the natural foods industry network that Boulder is known for. Boulder is a hub for natural and organic food brands, with a concentration of manufacturing, ingredient suppliers, and industry expertise. The move gave Purely Elizabeth access to this ecosystem and supported the brand's growth.

Through the 2010s, Purely Elizabeth expanded its distribution from natural food stores to conventional grocery retailers. The brand gained placement in Whole Foods, Kroger, Albertsons, Walmart, Target, and Sprouts, reaching approximately 30,000 grocery stores nationwide. The brand claims that a bag of its granola is sold every 0.7 seconds, a metric that reflects the scale of its retail distribution.

The brand expanded its product line beyond the original granola to include oatmeal, cereal, pancake and muffin baking mixes, protein granola, collagen granola, chewy granola bites, and the beauty-inspired "Purely Glow" granola. The brand borrowed from beauty industry launch playbook to target Gen Z consumers, using limited-edition drops and seasonal flavors to create social media moments.

Purely Elizabeth's growth accelerated dramatically in 2024 and 2025. The brand more than doubled its sales in the prior two years, reaching approximately $250 million in trailing 12-month revenue at the time of the Ferrero acquisition. The brand claims the number one granola position in the United States by both dollar and unit sales, ahead of Quaker Oats and Kind.

On August 14, 2026, Ferrero Group signed a definitive agreement to acquire Purely Elizabeth for approximately $850 million. The acquisition gives Ferrero a premium wellness brand in the U.S. breakfast market, complementing the mainstream cereal portfolio it acquired through WK Kellogg Co. in July 2025. Founder Elizabeth Stein continues as CEO and the brand operates as a standalone entity within the Ferrero Group.

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 Purely Elizabeth Made / Based?

  • Headquarters: Boulder, Colorado, USA
  • Manufacturing / Operations: United States

Purely Elizabeth Categories & Tags

GranolaBreakfastBetter For YouOrganicWellness

Purely Elizabeth Sustainability & Ethics

Purely Elizabeth has built sustainability and ethical certifications into its brand identity since its founding. The brand's certifications are independently verified rather than self-reported.

B Corp Certification: Purely Elizabeth has been a Certified B Corporation since 2015. B Corp certification is administered by B Lab and requires companies to meet verified standards of social and environmental performance, accountability, and transparency. Purely Elizabeth's B Corp status can be verified in the B Lab directory.

USDA Organic: Purely Elizabeth products are USDA Organic certified, verifying that ingredients are produced without synthetic pesticides, fertilizers, or genetically modified organisms.

Non-GMO Project Verified: The brand's products are Non-GMO Project Verified, providing independent verification that products are produced without genetic engineering.

Certified Gluten-Free: Purely Elizabeth products are certified gluten-free, verifying that products meet the FDA standard of less than 20 parts per million of gluten.

Certified Vegan and Paleo/Keto (select): Select Purely Elizabeth products are Certified Vegan and Certified Paleo or Keto by the Paleo Foundation.

1% for the Planet: Purely Elizabeth is a member of 1% for the Planet, committing to donate at least 1% of annual sales to environmental causes.

WBENC Women-Owned: The brand is certified as women-owned by the Women's Business Enterprise National Council (WBENC), reflecting founder Elizabeth Stein's leadership.

Regenerative Organic Ingredients: The brand has made commitments to regenerative organic ingredient sourcing, though specific certifications and targets are not detailed in public reporting.

Purely Elizabeth Recalls & Controversies

May 2021 Class Action (Meraz et al v. Purely Elizabeth, LLC): A class-action lawsuit was filed in the U.S. District Court for the Northern District of California alleging that Purely Elizabeth falsely advertised the protein content of its products on labels. The case was voluntarily dismissed with prejudice, meaning it cannot be refiled. The dismissal suggests the case was resolved, though the terms of any resolution were not publicly disclosed.

January 2020 Voluntary Recall (Chocolate Sea Salt Probiotic Granola): Purely Elizabeth issued a voluntary recall of pouches of Chocolate Sea Salt Probiotic Granola due to a mislabeling error that resulted in undeclared walnut allergen on the packaging. The recall was initiated to protect consumers with walnut allergies. No illnesses were reported.

May 2019 Voluntary Recall (Grain-Free Granolas and Bars): Purely Elizabeth issued a voluntary recall of grain-free granolas and bars due to possible foreign matter contamination, including glass, plastic, and rocks. The recall was initiated after the company identified the potential contamination. No injuries were reported.

2023 California Prop 65 60-Day Notice: A 60-day notice was filed under California's Proposition 65 (Calsafe Research Center, Inc. v. Purely Elizabeth LLC) regarding lead in Vanilla Pecan Oatmeal with Collagen. Proposition 65 requires businesses to provide warnings about exposures to chemicals that cause cancer or reproductive toxicity. The notice alleged that the product contained lead at levels requiring a warning under Prop 65. The resolution of this matter is not publicly documented.

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
View all brands owned by Ferrero

Purely Elizabeth Ownership: Pros & Cons

Advantages

  • +Ferrero's global distribution infrastructure in more than 170 markets can expand Purely Elizabeth internationally beyond its current U.S. focus
  • +Ferrero's acquisition of WK Kellogg Co. in July 2025 creates complementary breakfast portfolio synergies in sourcing, distribution, and retail relationships
  • +Founder Elizabeth Stein's continued leadership as CEO preserves brand identity and product development continuity
  • +Standalone operating model maintains the brand's B Corp certification and natural foods culture
  • +Ferrero's private ownership allows long-term investment in brand building without quarterly earnings pressure
  • +Ferrero's supply chain scale may reduce ingredient costs and improve margin structure

Considerations

  • -Integration with Ferrero's confectionery-focused portfolio creates potential brand positioning tension between wellness and confectionery
  • -The $850 million acquisition price at approximately 3.4x revenue is a premium valuation that creates performance expectations
  • -The 2021 class action on protein content labeling, while dismissed, reflects regulatory risk in the better-for-you category
  • -The 2019 and 2020 voluntary recalls for foreign matter and allergen mislabeling reflect manufacturing quality control challenges
  • -The 2023 California Prop 65 notice on lead in oatmeal with collagen reflects regulatory exposure under California's strict chemical disclosure law
  • -The brand's concentration in the U.S. market creates geographic risk
  • -Maintaining B Corp certification under Ferrero ownership requires continued independent verification

Frequently Asked Questions About Purely Elizabeth

Sources & Further Reading

  • Purely Elizabeth Official Website,
  • Purely Elizabeth "Our Story",
  • Purely Elizabeth Sustainability Page,
  • Ferrero Group: Ferrero Group to Acquire Purely Elizabeth (August 2026),
  • PR Newswire: Ferrero Group to Acquire Purely Elizabeth,
  • Forbes: Purely Elizabeth Founder Sells to Ferrero for $850 Million (August 2026),
  • CNBC: Purely Elizabeth CEO How I Turned Side Hustle Into Nationwide Granola Company (February 2025),
  • New Hope Network: Ferrero Group Acquires Purely Elizabeth for $850 Million,
  • Glossy: Purely Elizabeth Borrows From Beauty's Launch Playbook,
  • B Lab B Corp Directory,
  • Top Class Actions: Purely Elizabeth Protein Content Lawsuit,
  • Ferrero Group Official Website,
  • Wikidata: Purely Elizabeth,

Competitors to Purely Elizabeth

No direct competitors found in the same category. This could be because Purely Elizabethoperates in a unique market segment or we're still building our competitor database.

Independent Alternatives to Purely Elizabeth

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

Aviation American GinFood Beverage

Aviation American Gin

Owned by Diageo plc

American craft gin founded in Portland, Oregon in 2006 and acquired by Diageo in 2020 for up to $735 million, known for its softer botanical profile and association with actor Ryan Reynolds.

gincraft-spiritsamerican-gin
Publicly Traded

Aviation American Gin is owned by Diageo plc, a public company, a different structure than Purely Elizabeth's parent.

Beyond MeatFood Beverage

Beyond Meat

Owned by Beyond Meat, Inc.

American food technology company producing plant-based meat substitutes and alternative protein products.

plant-basedalternative-proteinfood-technology
Publicly Traded

Beyond Meat is owned by Beyond Meat, Inc., a public company, a different structure than Purely Elizabeth's parent.

ChobaniFood Beverage

Chobani

Owned by Chobani, LLC

American food and beverage company founded in 2007 by Hamdi Ulukaya, specializing in Greek yogurt, coffee, creamers, and plant-based foods. Privately held with 2025 revenue of $3.8 billion.

greek-yogurtdairycoffee
Privately Owned

Chobani operates independently without a large parent corporation.

FageFood Beverage

Fage

Owned by Fage International S.A.

Greek dairy company and the creator of authentic Greek strained yogurt, founded in Athens in 1926. Fage Total is the best-known authentic Greek yogurt brand in the United States and the number one natural yogurt brand in America.

yogurtgreek-yogurtdairy
Privately Owned

Fage operates independently without a large parent corporation.

fairlifeFood Beverage

fairlife

Owned by The Coca-Cola Company

American dairy brand known for ultra-filtered milk with higher protein and lower sugar. Owned by The Coca-Cola Company and the fastest-growing brand in Coca-Cola's portfolio, with nearly $4 billion in annual retail sales.

dairy-productsultra-filtered-milkhigh-protein
Publicly Traded

fairlife is owned by The Coca-Cola Company, a public company, a different structure than Purely Elizabeth's parent.

Häagen-DazsFood Beverage

Häagen-Dazs

Owned by Nestlé S.A.

Premium ice cream brand founded in 1961 in the Bronx, New York, owned by Nestlé and sold in over 70 countries.

ice-creampremium-dessertfrozen-treats
Publicly Traded

Häagen-Dazs is owned by Nestlé S.A., a public company, a different structure than Purely Elizabeth's parent.

Jobs at Ferrero

Latest News About Purely Elizabeth

Related Articles About Purely Elizabeth

View more articles
Monthly M&A Roundup: August 2026 Brand Ownership Changes
News & Updates

Monthly M&A Roundup: August 2026 Brand Ownership Changes

August 2026's biggest deals: EA's $55B Saudi PIF buyout closed and delisted from Nasdaq, Aon agreed to buy USI for $17B, Nvidia reportedly agreed to acquire Hugging Face for $12.9B, Charter completed the Liberty Broadband and Cox transaction, Ferrero bought Purely Elizabeth, Samsonite acquired BEIS, LVMH raised its Loro Piana stake to 94%, and Essity bought Kenvue's Brazil feminine care business. Full breakdown.

Who Brands StaffSep 1, 2026
M And A RoundupAcquisitionsNews
How Family-Owned Companies Resist Acquisition
Industry Analysis

How Family-Owned Companies Resist Acquisition

Mars wrote Freedom into its corporate principles. IKEA is owned by a Dutch foundation. Aldi is split between two family branches. Discover how family-owned companies resist acquisition and why it matters. Explore our database.

Who Brands StaffJul 27, 2026
Family OwnedMarsIkea
Who Owns the Chocolate Industry
Industry Ownership

Who Owns the Chocolate Industry

Mars, Mondelēz, Nestlé, and Lindt control the vast majority of global chocolate sales. Here is a complete ownership map of the chocolate industry, from Snickers and Cadbury to KitKat and Toblerone.

Who Brands StaffMar 24, 2026
ChocolateIndustry OwnershipMars
View more articles

People Also Searched

Discover popular brands and companies in the Food & Beverage category and related searches from other users.

7 Up
Brandsoft-drink

7 Up

American lemon-lime flavored carbonated soft drink brand known for its crisp, clean taste and caffeine-free formula.

Brand in Food & Beverage
lemon-limecaffeine-free
Activia
Brandprobiotic

Activia

Probiotic yogurt brand owned by Danone SA, sold in more than 70 countries. Activia is positioned as a digestive health product and is one of Danone's highest-revenue dairy brands globally.

Brand in Food & Beverage
yogurtdigestive-health
Aero
Brandchocolate

Aero

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.

Brand in Food & Beverage
confectionerysnacks
Browse All Food & Beverage

Last reviewed: September 1, 2026 · Reviewed by Who Brands Editorial Team