QUICK LINKS: Videos  |  Micromarkets |

Redemption Report




Buy a Classified Ad


Editorial Calendars


Circulation Data






Date Book


Bookmark this site

Issue Date: Vol. 53, No. 6, June 2013, Posted On: 5/10/2013

DeMet's Candy Co. Divests TrueNorth Nuts

Emily Jed
TAGS: DeMet's Candy Co., DeMet's, Peter Wilson, TrueNorth divestiture, True North nuts, confectionary products, Brynwood Partners, B&G Foods Inc., vending snacks

GREENWICH, CT -- DeMet's Candy Co. has sold its TrueNorth brand to B&G Foods Inc. Terms were not disclosed.

DeMet's acquired TrueNorth, a nationally distributed premium snack nut brand, from PepsiCo's Frito-Lay North America in 2010. Under its ownership, DeMet's introduced TrueNorth flavor varieties.

DeMet's vice-chairman Peter Wilson said the divestiture of the TrueNorth brand allows the company to focus on its core confectionary products including Turtles chocolate-caramel nut clusters, Flipz chocolate covered pretzels and Treasures filled chocolates.

Formed in 2007 and majority owned by investment group Brynwood Partners, DeMet's is headquartered in Stamford, CT, and owns manufacturing facilities in Big Flats, NY, and Mohnton, PA.

Topic: Vending Features

  • Metropoulos & Co. To Invest In Utz Quality Foods
  • Burch Food Service Expands Relationship with USA Technologies; Sees One-Year 17% Topline Growth In Transaction Dollars
  • Danielle Lee Wins Scholarship To Vending Industry Development Program
  • Gimme Vending Research Suggests Mobile App Reduces Out-Of-Stocks, Increases Top-Line Profits
  • Tri-State Vending Group Files Comments Opposing Philadelphia Beverage Tax

Copyright © 2016 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570