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New Deal


Announced

Ferrara Candy to acquire Jelly Belly.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Retailers and Wholesalers

Majority

Private

Friendly

Domestic

United States

Single Bidder

candy

Acquisition

Pending

Synopsis

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Ferrara Candy, a sugar confections company, agreed to acquire Jelly Belly, a company that manufactures Jelly Belly jelly beans and other candy. Financial terms were not disclosed. “As we considered the future of Jelly Belly Candy, we have been steadfast in our commitment to create a win-win situation for our employees, consumers, and products. When I met with the Ferrara team, I recognized a like-minded group that shares our knowledge and passion for the candy business and has the talent and resources to grow our products and the careers of our people around the world. I am confident of the continued success of Jelly Belly as part of the Ferrara portfolio," Herman Rowland, Jelly Belly Chairman.

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