Brach’s Candy acquired by Farley & Sathers
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.
Where in Las vegas can I buy Brachs malted milk balls? I love them and have looked everywhere with no luck!!
To Connie Baker:
Trust me on this….. you never again want to eat Brach\’s malt balls. Farleys/Sathers has changed the ingredients dramatically. They are just plain nasty and not even close to what you may remember. Even Whoppers are better. The quality is completely gone, sad to say.
Do some web searches on Brach\’s Malt Balls and read some of the comments that people have made. It is uniformly negative. I was once a fan of their malt balls but have moved on, never to return. I won\’t eat the crap they are making now.
Add the Brachs Double Dipper Chocolate Peanuts to the no-longer tasty list. I’ve loved them since my teens (I’m 63 now), but the chocolate now looks chalky and the taste is stale. It tastes like the cheapest store brand. Very, very disappointing.