Operator of Henderson, Nevada, ice cream plant acquired by Ferrero Group

[bucolic_frolic]

1. Yay concentration of capital

One guy will own it all someday.

On the flip side these companies that manage brands have investments to defend. Recently I bought a pound - 11 ounces these days - of Eight O'Clock Coffee. That was spun off from A&P before it went bankrupt, and sold a couple of times. Now I think owned by a Chinese company among other brands it owns. But they manage the brand as an upscale item. 100% pure Columbian beans, and wow is that good coffee.