D'Onofrio (brand)
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D'Onofrio (brand)
D'Onofrio is a Peruvian brand and business dedicated primarily to the sale of confectionery products. It was founded in 1897 by Pietro D'Onofrio. The company and its brand currently belongs to ''Nestlé Perú'' (acquired in 1997) (a subsidiary of the larger Nestlé company) and sells its products in the same country. D'Onofrio's products are aimed at a wide market, and are consumed by people of all ages. D'Onofrio also has a share of the chocolate market. Its foremost product is Sublime, a small-sized chocolate with peanuts. D'Onofrio is also famous for its panettone which is on sale for Christmas and on Peru's independence holiday on July 28. There had been many products that are seldom for sale, like juices or cookies. History Italian immigrant Pietro ("Pedro") D'Onofrio (1859–1937) arrived in Argentina at 21 years old. In that country, he learnt how to make ice cream from a friend of his family, Raffaele Cimarelli. After a brief return to his born-country, D'Onofrio came ba ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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