Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
Hearthside Food Solutions has agreed to acquire Standard Functional Foods Group (SFFG), a unit of Standard Candy Company, subject to regulatory approval and customary closing conditions. SFFG is a contract manufacturer of nutritional and ...
Tags: Hearthside Food, Functional Foods
The Lovely Candy Company has rolled out its new honey gummies to expand its footprint in premium confections. Continuing with founders Mike and Jackie Nakamura's ongoing premium product quest, the company has developed a line of honey ...
Tags: Lovely Candy, honey gummy bears
Middle-market private investment company Highlander Partners has acquired Gimbal Brothers, a manufacturer of gummy vitamins and gourmet jelly beans. Highlander Partners has also formed Bettera Brands to pursue confection and snack ...
Tags: gummy vitamins, beans
US based Ferrara Candy Company is set to increase the manufacturing capacity and capabilities of its manufacturing facility in Bellwood, Illinois. In addition, the company is also planning to open a new packaging centre in Bolingbrook. ...
Tags: Ferrara Candy, Network, Food
Mrs. Fields Confections, a subsidiary of Famous Brands International, has acquired Maxfield Candy Company for an undisclosed amount. The transaction includes the acquisition of Maxfield Candy's brands Maxfield Candy and Nutty Guys. This ...
Hershey has completed the acquisition of The Allan Candy Company, a Canadian confectionery producer for an undisclosed amount. The addition of Allan Candy's manufacturing capabilities and confectionery portfolio will enhance Hershey's ...
Turkey’s Yildiz Holding has signed a deal to acquire UK-based cookie firm United Biscuits, the maker of Jaffa Cakes and Jacob Crackers, as part of its strategy to expand into new markets. Once the deal is closed, the Turkish firm ...
Tags: United Biscuits, Turkish firm, Agriculture
Organic candy company Legit Organics debuts the "boss" of all candy bars: Shot Caller. Featuring the classic combination of roasted peanuts, salted caramel, and airy nougat drenched in a rich milk chocolate cloak, the Shot Caller is ...
Tags: Legit Organics, Shot Caller, Food
Switzerland-based chocolate producer Lindt & Spruengli is in negotiations to purchase the US based candy business Russell Stover. The value of the deal, which is likely to be announced early this week, is expected to be $1.4bn, Reuters ...
Tags: Lindt&Spruengli, chocolate, Food
Classic candy flavors get a savvy upgrade with Legit Organics. The Oregon-based candy company is forgoing the phony, chemical-laden ingredients found in popular candy to keep it real with pure organics, instead. Not only is the family-run ...
Tags: candy, Legit Organics, Food
Legit Organics, the Oregon-based candy company keeping it real with all organic products, is now on the shelves at Gelson's Markets across Southern California. Founded in 1951, Gelson's Markets is recognized as one of the nation's ...
Tags: Legit Organics, candy, Food
Spangler Candy Company is adding two new flavors from Hawaiian Punch to its Dum Dums brand. Hawaiian Punch's Fruit Juicy Red flavor and Polar Blast are introduced as two of the sixteen Dum Dums flavors, which are available in specially ...
Tags: Punch Dum Dums, Spangler
Jelly Belly launches Beer-flavored jelly beans Global confectionery company Jelly Belly Candy Company (Jelly Belly) are set to launch a new beer flavoured jelly bean, available in global markets from early 2014. The new product appears to ...
Tags: Beer-flavored jelly beans, effervescent, Draft Beer jelly bean