Ferrara Candy Company to Acquire Jelly Belly Candy Company

October 18, 2023

Ferrara Candy Company, through its lead holding company CTH Invest, has agreed to acquire Jelly Belly Candy Company. The deal (terms undisclosed) will bring nearly 800 Jelly Belly employees and facilities in California, Illinois, and Thailand into Ferrara's portfolio; the transaction is expected to close by the end of 2023.

Buyers
Ferrara Candy Company, CTH Invest (lead holding company of Ferrara)
Targets
Jelly Belly Candy Company
Sellers
Rowland family (Jelly Belly's family owners)
Industry
Food & Beverage
Location
California, United States
Transaction Type
Buyout

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