(FOX40.COM) — Fairfield sweet maker the Jelly Stomach Sweet Firm will likely be acquired by Chicago-based Ferrara Sweet Firm.
The corporate says as soon as the sale is finalized, Jelly Stomach’s 800 workers throughout amenities in California, Illinois, and Thailand will likely be part of the Ferrara group.
“We’re excited to deliver Jelly Stomach’s imaginative merchandise and gifted group into the Ferrara neighborhood,” mentioned Marco Capurso, Chief Government Officer of Ferrara.
The Jelly Stomach Manufacturing facility and Customer Heart has been a well-liked attraction in Northern California for years. Ferrara is the distributor for quite a few widespread U.S. candies together with SweeTARTS and Butterfinger.
Jelly Stomach mentioned it expects the sale to shut by the tip of 2023.
The corporate that might go on to turn into Jelly Stomach was based and headquartered in Illinois beginning in 1869 earlier than transferring to California within the twentieth century.
Ferrara Sweet Firm is a subsidiary of the worldwide confectionary conglomerate Ferrero Group, the maker of Nutella and Tic Tac. Regardless of their related names, the 2 sweet corporations have been unrelated of their founding and existed as separate corporations for many years till the Italy-based Ferrero bought the American Ferrara Sweet Firm in 2017.
