BBX Capital acquires Anastasia Confections
Investment firm adds to its portfolio of confectionery companies with tourist favorite.
Ft. Lauderdale, Fla.-based BBX Sweet Holdings has acquired premium confections company Anastasia Confections, Inc.
“What started as a small kitchen operation has now grown into one of Florida’s largest and most distinguished chocolate and specialty candy manufacturers, and we are excited to grow the company,” he says.
Anastasia Confections has been making and selling candy as a family business since 1984 in Florida, catering specifically to tourists. It specializes in coconut candy, jelly candy, saltwater taffy and chocolates, including the popular Coconut Patties, Coco Rhumbies and Choc-O-Gators. Packaging usually features Florida motifs such as a map of the state, palm trees or alligators, and its products are easily found in areas frequented by tourists.
“The success and recognition of Anastasia Confections products in Florida paved the way to its expansion and branding on a national level,” says BBX Capital President Jarett Levan. “We are very pleased to welcome Anastasia Confections to our growing suite of premier confection companies at BBX Sweet Holdings.”
Anastasia Confections represents the fifth confectionery company that BBX Capital — through its subsidiary, BBX Sweet Holdings — has acquired in the past 15 months. In addition to Anastasia Confections, BBX Sweet Holdings purchased Hoffman’s Chocolates, Williams & Bennett, Jer’s Chocolates and Helen Grace Chocolates.