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Home » Topics » Candy Industry Trends » Candy Industry News

Candy Industry News
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A double anniversary for Theegarten-Pactec, which plans a new building

Confectionery packaging supplier founded 80 years ago, merged 20 years ago.
Valerie King
January 15, 2014

Justus Franz Theegarten launched the Dresden, Germany-based business in 1934, while Theegarten and Pactec merged in 1994.


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AACT Announces National Scholarship

The $5,000 award will be applied to one lucky student for the next school year.
Valerie King
January 15, 2014
The AACT is offering a $5,000 scholarship award for the 2014-2015 academic year.
Read More
Acquisition

The European Candy Group acquires Dutch licorice company Kraepelien & Holm

Company looks to expand private label offerings with the acquisition.
Crystal Lindell
Crystal Lindell
January 15, 2014
In an effort to expand its private label offerings, The European Candy Group has acquired Kraepelien & Holm (K&H).
Read More
Acquisition

BBX Capital acquires Williams & Bennett, plans to acquire other companies as well

Williams & Bennett employees to keep jobs, eventually even more will be created.
Valerie King
January 15, 2014
“We are thrilled to have found a partner with the resources and experience to grow the Williams & Bennett brand,” say the company's founders Becky and Bill Gardner.
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Grimaldi Candy Co. to supply Larry the Cable Guy chocolate line launch

Southeastern Florida company to produce 4 chocolate-products, including milk-chocolate potato chips.
Bernie Pacyniak
January 8, 2014
What does a comedian from Nebraska, an entrepreneurial couple from Wisconsin and a former confectionery executive have in common?
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Cargill to hold Chocolatier’s Workshop Sept. 29 - Oct. 1

SUBHEAD: Courses to focus on starting, maintaining a confectionery company
Valerie King
January 8, 2014
The $900 fall workshop is geared toward aspiring chocolatiers and anyone else in the industry looking for new ideas.
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Hershey acquires majority share of Shanghai Golden Monkey Food Co.

Candy maker pays about $584 million for Chinese candy company’s shares.
Valerie King
January 8, 2014
The Hershey Co. has acquired 80 percent of Shanghai Golden Monkey Food Joint Stock Co., Ltd. (SGM), a privately held confectionery company based in Shanghai, China.
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DeMet’s Candy Co. sold to Godiva Chocolate brand owner

Maker of Flipz sold to Yildiz Holdings in $221-million deal.
Valerie King
January 8, 2014
“One of the things that’s the most difficult about the private investment business is that you have to let go of the things that mean the most to you,” says Hendrik J. Hartong III, senior managing partner at Brynwood Partners.
Read More

Fannie May Brands names new president

Kevin J. Coen, former Lindt executive, named to the role
Valerie King
January 8, 2014
Coen's big focus will be on wrapping his arms around what makes each brand so special to the consumers and how to leverage that to grow all three brands
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Sugar Factory American Brasserie to debut in Chicagoland

Company’s first Midwestern location to open this summer in Rosemont, Ill., near Chicago’s O’Hare Airport.
Bernie Pacyniak
December 18, 2013
Described as combination of “MTV meets Willy Wonka,” Las Vegas-based Sugar Factory will open a new 8,000-sq.-ft. brasserie and retail store near Chicago’s O’Hare Airport.
Read More
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