Purchasing Jelly Belly Candy Co. is Ferrara.
Marco Capurso, the CEO of Chicago-based Ferrara, stated, “We are excited to bring Jelly Belly’s imaginative products and talented team into the Ferrara community.” “Our commitment to producing superior, cutting-edge sugar confections for the global market and our strong retailer relationships perfectly align with Jelly Belly’s track record and passion for quality, reliability, and customer service.”
By the end of 2023, the transaction is anticipated to close, subject to a few stipulations.
Jelly Belly Candy Co. was founded in Illinois in 1869 and has been owned by the Rowland family ever since. In 1976, the company debuted Jelly Belly jelly beans, which have become its hallmark brand. Currently, Jelly Belly Candy Co. exports its goods to more than 60 nations.
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The chairman of the board of directors, Herman Rowland Sr., stated, “As we considered the future of Jelly Belly Candy Co., we have been steadfast in our commitment to create a win-win situation for our employees, consumers, and products.” “When I met with the Ferrara team, I saw a like-minded group that shares our expertise and enthusiasm for the candy industry and has the skills and resources to expand our products and our employees’ careers globally.”