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Announced

Kar’s Nuts acquired Morley Candy Makers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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confectionery products manufacturing

Acquisition

Private

Friendly

United States

Food Products

Private Equity

Synopsis

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Kar’s Nuts, a portfolio company of Palladium Equity Partners, has acquired Morley Candy Makers, a maker of premium confectionary products sold under the Sanders Fine Chocolatiers brand. “As we explored strategic opportunities for Sanders®, it was critical to identify a partner who truly understood and valued our brand and our employees. We are extremely excited about this merger as we feel confident that it will preserve cherished Sanders products, bring a new level of creativity to our offerings that is sure to delight customers, and continue to take care of our employees.” Brian Jefferson, Sanders CEO Terms of the transaction were undisclosed.

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