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Spangler Candy Co Acquires New England Confectionerys Assets

BRYAN, OH -- Spangler Candy Co. has announced its acquisition of New England Confectionery Co. (Boston, MA). New England Confectionery, well-known as Necco, filed for Chapter 11 bankruptcy protection in April, and a bankruptcy auction was held in late May. The Spangler purchase closed on May 25. "Spangler Candy is happy to acquire the assets of Necco," said Kirk Vashaw, Spangler Candy Co. chairman and chief executive. "Necco candy products have been around for more than 150 years, and share important his...

May 29, 2018

BRYAN, OH -- Spangler Candy Co. has announced its acquisition of New England Confectionery Co. (Boston, MA). New England Confectionery, well-known as Necco, filed for Chapter 11 bankruptcy protection in April, and a bankruptcy auction was held in late May. The Spangler purchase closed on May 25.

"Spangler Candy is happy to acquire the assets of Necco," said Kirk Vashaw, Spangler Candy Co. chairman and chief executive. "Necco candy products have been around for more than 150 years, and share important historical significance with Dum-Dums, candy canes and other Spangler Candy products."

New England Confectionery was formed by the merger of several smaller candy producers in 1901. It had been known as the oldest continuously-operating candy manufacturer in the United States. It reported the production of its trillionth Necco Wafer in 2010.

Long-term plans for Necco's production equipment are still undecided, according to Spangler.

Spangler Candy Co. has been family owned and operated in Bryan, OH, since 1906. Spangler Candy is one of the largest lollipop producers in the world and the only major candy cane producer in the United States. Other Spangler products include Dum-Dums, Saf-T-Pops and Spangler Circus Peanuts.