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Home » Keywords: » bankruptcy

Items Tagged with 'bankruptcy'

ARTICLES

Sugarfina

Bristol Luxury Group buys Sugarfina for $15.1M

Candy retailer filed for bankruptcy in September 2019.
Alyse thompson 200px
Alyse Thompson
November 12, 2019

The Bristol Luxury Group, a subsidiary of Bristol Capital Advisors, has substantially purchased the assets of specialty candy retailer Sugarfina, Inc. through a sale approved by the U.S. Bankruptcy Court for the District of Delaware.  


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Sugarfina

Sugarfina files for Chapter 11 bankruptcy

Specialty candy retailer owes $26.65 million in debt.
Alyse thompson 200px
Alyse Thompson
September 9, 2019

Specialty candy retailer Sugarfina, Inc. has filed for Chapter 11 bankruptcy in Delaware, citing shifts in the retail sector, uncertainty in its international partnerships and difficulty in controlling margins as reasons for not being profitable.


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Necco wafers_web

Report: NECCO plant shuts down after investment firm sells company to unnamed manufacturer

Round Hill Investments purchased NECCO in May.
Alyse thompson 200px
Alyse Thompson
July 26, 2018

The New England Confectionery Co. (NECCO) plant in Revere, Mass. shut its doors Tuesday after its recent buyer, Round Hill Investments, LLC, announced it has sold the company to another candy maker.


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NECCO sours

Metropoulos family-owned firm acquires NECCO after Spangler deal falls through

Round Hill Investments purchases NECCO for $17.3 million.
Christian Metzger
June 5, 2018

Round Hill Investments acquired New England Confectionery Co. (NECCO) for $17.3 million in a sale that closed Thursday. 


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Necco wafers_web

NECCO set for bankruptcy auction

Massachusetts bankruptcy judge sets auction for May 23 despite purchase negotiations with Boston investment firm.
Alyse thompson 200px
Alyse Thompson
May 8, 2018

The New England Confectionery Co. — NECCO — is headed to auction after a failed attempt by a Boston investment firm to buy the embattled confectionery company.


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Wolfgang Candy Logo

Divine intervention for Wolfgang Candy Co.

Birmingham, Ala.-based entrepreneur would keep employees, operation in place.
Alyse thompson 200px
Alyse Thompson
July 11, 2012
Wolfgang Candy, one of many famed confectioners from York County, Pa., may soon become part of a Southern company.
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supplierNews

Hostess Brands prepares to file Chapter 11

January 18, 2012
Hostess Brands Inc., Irving, Tex., is reportedly preparing to file for Chapter 11 bankruptcy protection, say people familiar with the matter. The move would mark the second significant court restructuring for the Twinkies and Wonder Bread baker in the past several years.
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Cannabis Candy Insights: Moving into the Mainstream

Cannabis is now legal for sale to adults in 21 U.S. states and all of Canada, and for medical use in 37 U.S. states. Whether for therapeutic, medical, or recreational use, cannabis has entered the mainstream. And cannabis presents a significant market opportunity. According to BDSA, the U.S. market is expected to grow at a CAGR of 11.3%, from $26.1 billion in 2022 to $44.5 billion in 2027—and globally to $59.6 billion.

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