Valeo Foods is set to buy United Kingdom-based Tangerine Confectionery from private equity firm Blackstone Group for $127.6 million, according to media reports.
There’s a saying that if you can’t be a good example, be a warning. And sadly, NECCO has become a warning for confectionery companies. Even iconic brands aren’t safe.
It’s a sweet, simple truth: Most people like dessert. But what’s better than a regular dessert? One that features consumers’ favorite brands, according to new research from The Hershey Co. and The Center for Generational Kinetics.
Each year Jelly Belly's plant in southeastern Thailand makes a rainbow of jelly beans to satisfy the world over. But many of those beans customers can't even eat.
Two former New England Confectionery Co. (NECCO) employees are suing previous buyer Round Hill investments for damages after the investment firm abruptly shut down the company’s Revere, Mass.-based plant July 24.
The Hershey Co.’s consolidated net sales reached $1.75 billion in the second quarter of 2018, thanks to snack acquisitions and divestitures of its Golden Monkey unit and the Tyrells brand.
Union Confectionery Machinery has been tapped by a third-party buyer to sell assets from New England Confectionery Co. (NECCO) after the company abruptly closed last week.