Brachs Candy acquired by Farley & Sathers
To our knowledge, we will continue to offer a full line of Brach’s Candy and have not heard any news per products being discontinued, et al
McKeesport Candy co., has been selling Brachs for over 70 years and hopes to continue doing so!
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.