Wednesday June 20, 2012
Farley’s, Ferrara Pan Complete Merger
Forest Park, IL — Farley’s & Sathers Candy Co., Inc. and Ferrara Pan Candy Co., Inc. have merged to establish Ferrara Candy Co., Inc.
Sal Ferrara II, chairman and CEO of the new company, says: “The new Ferrara Candy Co. will offer a robust portfolio of branded and private label confections that consumers love, from Lemonheads and Red Hots to Trolli, Brach’s, and Now and Later.”
Farley’s & Sathers owner Catterton Partners, a private equity firm, is the majority investor in the combined company.
Catterton Managing Partner Scott Dahnke says: “As shareholders, we look forward to the significant upside that will result through this compelling combination.”
Terms of the transaction were not disclosed.