![]() ![]() We look forward to being a part of this impressive company." "Ferrara’s interest reflects the substantial value of our storied brand, built on our team’s many successes, and the opportunity to drive continued growth. "Since our inception almost a century and a half ago, Jelly Belly Candy Company has been focused on providing exciting new flavors and continuous innovation, and we are extremely proud of the deep affinity we’ve built with our fans around the world," said Lisa Brasher, President and Chief Executive Officer of Jelly Belly. I am confident of the continued success of Jelly Belly as part of the Ferrara portfolio." "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. "As we considered the future of Jelly Belly Candy Company, we have been steadfast in our commitment to create a win-win situation for our employees, consumers, and products," said Herman Rowland, Sr., Chairman of the Board of Directors of Jelly Belly. sugar confections company and the manufacturer of 20 beloved brands such as Black Forest®, NERDS®, SweeTARTS®, and Trolli®. ![]() Headquartered in Chicago for more than 115 years and privately owned, Ferrara is the leading U.S. Today, Jelly Belly distributes its products in more than 60 countries across five continents and has a strong track record of sustained and profitable growth. The company is also well-known for its specialty retail confections, including jelly bean lines such as BeanBoozled® jelly beans and Sport Beans® Energizing jelly beans®. Its extensive portfolio includes more than 100 flavors of its well-known jelly beans and a wide variety of other candies. Its signature brand of Jelly Belly® jelly beans has been one of the most loved and recognizable candy products in the world since its introduction in 1976. Jelly Belly Candy Company’s roots date back to its founding in Illinois in 1869 and it has continued to be family-owned and operated by the fourth, fifth, and sixth generations of the Rowland candy-making family. Jeff Brown, who is currently the Executive Vice President of Global Operations and Distribution of Jelly Belly, will become its Chief Executive Officer. Once the acquisition closes, nearly 800 global Jelly Belly employees and its facilities in California, Illinois, and Thailand will join the Ferrara organization. The proposed acquisition would combine Jelly Belly Candy Company’s more than 100 flavors of Jelly Belly® jelly beans and gourmet specialty confections with Ferrara’s broad portfolio of sugar candies. Financial terms of the transaction were not disclosed. Transaction to add well-known, family-owned candy brands to Ferrara’s fast-growing platformĬHICAGO & FAIRFIELD, Calif., October 18, 2023-( BUSINESS WIRE)-Ferrara Candy Company ("Ferrara") today announced an agreement to acquire Jelly Belly Candy Company ("Jelly Belly") through CTH Invest, the lead holding company of Ferrara. ![]()
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