CandyFavorites

ROUND LAKE, MN, November 14, 2007 – Farley’s & Sathers Candy Company, Inc. announced today the acquisition of Brach’s Confections from Barry Callebaut, AG.  Included in the Brach’s business and asset purchase are three factories located in Chattanooga, Tennessee; Winona, Minnesota; and Linares, Mexico.  Financial terms of the transaction were not disclosed.

Dennis Nemeth, President of Farley’s & Sathers Candy Company, stated, “We are very excited about the addition of Brach’s to Farley’s & Sathers Candy Company.  Brach’s brands and products are highly regarded and well established.  The long traditions of quality and established brands clearly mark our continued committment to the candy business ad fits with our long-term strategy.  In addition to broadening our current portfolio of brands, this acquisition provides opportunities for growth and expansion in our manufacturing and operations”.

Headquarted in Round Lake, Minnesota, Farley’s & Sathers candy Company, Inc. is a leading manufacturer and distributor of quality confectionary and gum products, offering full line, full service opportunities to all classes of the trade in the United States.  The company’s success in the industry, experience with acquisitions, and significant capital resources established Farley’s & Sathers Candy Company, Inc. as a leader in the confection industry.  Farley’s & Sathers Candy Company has developed its business both through internal growth and through the acquisitions of famous confectionary brands, including  FARLEY’S, SATHERS, JUJYFRUITS, NOW AND LATER, BOBS SWEET STRIPES, SUPER BUBBLE, FRUIT STRIPE, RAIN-BLO, TROLLI, and CHUCKLES.

Farley’s & Sathers Candy Company, Inc. is a portfolio company of Catterton Partners.  Catterton Partners is one of the largest private equity firms in the U.S., focusing on providing growth equity capital in consumer industries.  For more information regarding Catterton Partners, please visit www.cpequity.com.  For more information on Farley’s & Sathers Candy Company, Inc., please visit www.farleysandsathers.com.

Clark bars, the signature item of one of the country’s largest candy empires, started with a small operation run by young entrepreneur David L. Clark in Pittsburgh, Pennsylvania

Mr. Clark entered the candy business in 1891 and spent a few years learning the trade before starting his own company, D.L. Clark Co., in 1886.

He manufactured candy in two back rooms of a small house with the help of a small staff.

Within a few years, he made enough money to open a small factory in McKeesport, where the company became incorporated

By 1911, the company had outgrown its factory, and Mr. Clark purchased a large building from a cracker manufacturer.

In the 1920s when the company was making approximately one hundred and fifty (150) different types of candy and gum, Mr. Clark decided to create a separate entity for the gum-making business.

He felt that the candy and gum operations would be more successful if the were run separately, so he opened the Clark Brothers Chewing Gum Co. across the street from his candy factory.

Following Mr. Clark’s death in 1939, his family continued to run the business until 1955. The company operated smoothly in Pittsburgh for several decades but ran into financial difficulties in the 1990s.

Eventually, the company was bought by New England Confectionary Co. and relocated.

Like many retro favorites, McKeesport Candy Co., was one of the first wholesaler in the nation to offer Clark Bars and still does so today via its web site at CandyFavorites.com

Did you know that Chupa Chupa’s were launched in 1958 by a Spanish businessman named Bernat Fontladosa and are now one of the best selling lollipops in the world

This famous lollipop is sold in over one hundred and seventy (170) countries and the company claims to produce over four billion lollipops yearly

The name, now familiar to almost any candy lover, comes from the Spanish verb “chupar” which translates to suck or lick

Little do people know that the famous floral logo was designed by a famous Spanish artist named Salvador Dali

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