What is the connection between Nutella and ferrero?

Ferrero is an Italian company that manufactures confectionery, chocolate, and other food products. Nutella is a hazelnut and chocolate spread produced by Ferrero. It is one of the company's most popular products, and is sold in over 100 countries worldwide. Nutella was created in 1964 by Pietro Ferrero, the son of the founder of Ferrero. It was originally called "pasta gianduja", and was made from hazelnuts, cocoa, sugar, and vegetable oils. In 1965, the name was changed to "Nutella", and it was introduced to the international market. Nutella has become a popular ingredient in many desserts, such as crepes, waffles, and pancakes. It is also used as a spread on bread and crackers.