bankruptcy | Candy Industry

Items Tagged with 'bankruptcy'

ARTICLES

Bristol Luxury Group buys Sugarfina for $15.1M

Candy retailer filed for bankruptcy in September 2019.

Alyse Thompson

November 12, 2019

No Comments

The Bristol Luxury Group, a subsidiary of Bristol Capital Advisors, has substantially purchased the assets of specialty candy retailer Sugarfina, Inc. through a sale approved by the U.S. Bankruptcy Court for the District of Delaware.

Sugarfina files for Chapter 11 bankruptcy

Specialty candy retailer owes $26.65 million in debt.

Alyse Thompson

September 9, 2019

No Comments

Specialty candy retailer Sugarfina, Inc. has filed for Chapter 11 bankruptcy in Delaware, citing shifts in the retail sector, uncertainty in its international partnerships and difficulty in controlling margins as reasons for not being profitable.

Report: NECCO plant shuts down after investment firm sells company to unnamed manufacturer

Round Hill Investments purchased NECCO in May.

Alyse Thompson

July 26, 2018

No Comments

The New England Confectionery Co. (NECCO) plant in Revere, Mass. shut its doors Tuesday after its recent buyer, Round Hill Investments, LLC, announced it has sold the company to another candy maker.

Metropoulos family-owned firm acquires NECCO after Spangler deal falls through

Round Hill Investments purchases NECCO for $17.3 million.

Christian Metzger

June 5, 2018

No Comments

Round Hill Investments acquired New England Confectionery Co. (NECCO) for $17.3 million in a sale that closed Thursday.

NECCO set for bankruptcy auction

Massachusetts bankruptcy judge sets auction for May 23 despite purchase negotiations with Boston investment firm.

Alyse Thompson

May 8, 2018

No Comments

The New England Confectionery Co. — NECCO — is headed to auction after a failed attempt by a Boston investment firm to buy the embattled confectionery company.

Divine intervention for Wolfgang Candy Co.

Birmingham, Ala.-based entrepreneur would keep employees, operation in place.

Alyse Thompson

July 11, 2012

No Comments

Wolfgang Candy, one of many famed confectioners from York County, Pa., may soon become part of a Southern company.

On Demand Confectionery industry experts weigh in on the state of the candy industry, which has gone through the most massive shift in recent memory after grappling with COVID-19. While confectionery as a whole proved to be “pandemic proof,” not every individual category fared so well. Experts will share the insights they’ve gleaned over the last year, while also offering predictions on what’s to come.

It’s clear that the global candy industry is rapidly changing and keeping up with those trends will require both historical context and an eye toward innovation.

Items Tagged with 'bankruptcy'

ARTICLES

Bristol Luxury Group buys Sugarfina for $15.1M

Sugarfina files for Chapter 11 bankruptcy

Report: NECCO plant shuts down after investment firm sells company to unnamed manufacturer

Metropoulos family-owned firm acquires NECCO after Spangler deal falls through

NECCO set for bankruptcy auction

Divine intervention for Wolfgang Candy Co.

Get our eNewsletter delivered to your inbox Twice-weekly!

Candy Industry delivers new product information, trends, news and insider perspectives to your inbox each Monday and Wednesday. You will also receive 'Breaking News' editions that will provide you news that matters most to your business.