Announced
Financials
Tags
Food Retailers and Wholesalers
Majority
Private
Friendly
Domestic
United States
Single Bidder
candy
Acquisition
Pending
Synopsis
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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