Vending

Ferrara Candy to acquire Jelly Belly Candy

Image: Adobe Stock.

October 23, 2023

Ferrara Candy Co. has agreed to acquire Jelly Belly Candy Co. through CTH Invest, a Ferrarra holding company, according to a press release. Financial terms of the transaction were not disclosed.

The proposed acquisition would combine Jelly Belly Candy Co.'s more than 100 flavors of jelly beans and gourmet specialty confections with Ferrara's portfolio of sugar candies. Once the acquisition closes, nearly 800 global Jelly Belly employees and its facilities in California, Illinois and Thailand will join the Ferrara organization.

Jeff Brown, who is currently the executive vice president of global operations and distribution of Jelly Belly, will become its chief executive officer.

Jelly Belly Candy Co. launched in Illinois in 1869 and has continued to be family-owned and operated by the fourth, fifth and sixth generations of the Rowland family.

Ferrara Candy Co., a Ferrero company based in Chicago, makes brands such as Black Forest, Nerds, SweeTarts and Trolli.