Farley's & Sathers Candy Company
Umbrella candy company / From Wikipedia, the free encyclopedia
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Farley's & Sathers Candy Company was created as an umbrella company to roll up many small companies, brands and products under a common management team.[1] The confectionery business segment is made up of many small companies, often with intertwined relationships and histories.
Catterton Partners formed the Farley's & Sathers Candy Company in 2002 as a vehicle for the purchase of some of the former Farley Foods Company and Sathers Candy Company assets and brands from Kraft.[1]
Since that time, additional brands and businesses have been added to the roster.
In 2012, the owners of Farley's & Sathers, L Catterton Partners, merged Farley and Sathers with Ferrara Pan Candy Company. L Catterton Partners retained controlling interest in the company, and the name of the company was changed to the Ferrara Candy Company.[2]
In November 2017, The Ferrero Group announced that they were going to acquire the Ferrara Candy Company,[3] which was finalized in December 2017.[4]