e-News
|
|
Farley's & Sathers, Ferrara Pan Candy to merge |
05.25.2012
|
Farley's & Sathers Candy Company, Inc. and Ferrara Pan Candy Company, Inc. will combine to form a single leading general line candy manufacturer. The combined company, Ferrara Candy Company, Inc., will maintain the century-old Ferrara name and will be led by Salvatore Ferrara II, Chairman and CEO of Ferrara Pan. Terms of the transaction were not disclosed.
Ferrara Pan manufactures both branded and private label confections including Lemonheads(r), Red Hots(r), Black Forest(r), Atomic Fireballs(r) and Boston Baked Beans(r). Farley's & Sathers is a leading manufacturer and distributor of quality confectionery and gum products including Brach's(r), Now and Later(r), Trolli(r), Jujyfruits(r) and Chuckles(r). Catterton Partners, a leading private equity firm which owns Farley's & Sathers, will remain a majority investor in the combined company. The transaction remains subject to applicable closing conditions.
STORY CONTINUES BELOWAdvertisement
|
|
|
