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Cloetta acquires Irish jelly bean producer Aran Candy
date:May 30, 2014
director Richard Cullen said, We are very pleased to become part of the Cloetta Group. With Cloetta's focus on brands and strong routes-to-market in their core markets, I am convinced that we will be able to further strengthen and accelerate the growth of The Jelly Bean Factory brand.

Initially, Cloetta has purchased 75% of the shares of Aran Candy, with the remaining 25% to be acquired in 2016. The acquisition will be financed with Cloetta's existing credit facilities.

12/21 21:50