Katjes International GmbH, the international subsidiary of Katjes Group, has acquired Cloetta Italia for $53 million, pushing the German gummy manufacturer to No. 2 in the Italian confectionery market.
YOLO Candy is introducing its newest KaDunks flavor, Green Apple Ka-Pow. A perennial sour candy favorite, Green Apple has been added to a flavor assortment that also includes Berry Ka-Blast and Tropical Ka-Punch.
What I find most interesting about these latest deals, however, is that this marks the first time that these two companies will be producing confections on U.S. soil, particularly since both of these involve giants who have production facilities scattered throughout the world.
Wana Brands has been an innovator in the cannabis infused-products industry in Colorado since 2010. As one of the state’s original infused products manufacturers, the Boulder, Colo.-based company has developed a broad range of artisan, made-from-scratch edibles, concentrates and medicinal products, including the state’s most popular sour gummies.