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.
New Zealand Natural Goods, a Los Angeles area importer and distributor of specialty food products from New Zealand, has reintroduced RJ’s Licorice with new packaging.
Highlander Partners, a Dallas-based private investment firm, has created Bettera Brands, LLC, a new holding company to target acquisitions in the confectionery and snack industries.
Through an investment in The Conservation Fund’s sustainable working redwood forests in northern California, American Licorice Co., which produces Red Vines, plans to purchase 20,000 tons of verified carbon offsets to counteract carbon dioxide emissions from electricity and fuel used at its headquarters in La Porte, Ind., and offices in Union City, Calif.
"On the back of every Lovely Candy Co. Package, you’ll find the company’s story.
“The journey started when Jackie asked her husband Mike to go on a quest for her favorite candy... licorice,” it reads. “Hers was a special request, it needed to be consciously crafted with select gluten-free ingredients.”"