Thursday, October 19, 2006
Big Candy Buyouts - Hershey & Jelly Belly
Today there was news of TWO candy companies swallowing up others:
Jelly Belly has released word that they’re buying Ben Meyerson Candies based right here in Los Angeles. Ben Meyerson is known for their Big Cherry and line of Sunkist Fruit Gems. The manufacture of the Fruit Gems seems like a natural fit for Jelly Belly and facilities will migrate to Fairfield and/or Illinois. Ben Meyerson is a third generation family company and seems to be selling as Robert Meyerson, the current head, is retiring. Link to full story.
Hershey also announced today that it’s buying Dagoba, the Ashland, Oregon based chocolate company. This is the third small chocolate company Hershey has bought in the last 18 months (Joseph Schmidt and Scharffen Berger are the other two). No word in the articles I read as to whether Dagoba will fall under the Artisanal Chocolates umbrella that was formed to encompass JS & SB. Hershey has been making great strides towards more responsible cocoa growing, with their sponsorship of educational and outreach programs, especially in Africa. Hopefully their purchase of Dagoba will enable them to make Hershey the largest ethical chocolate company in the world (a girl can dream). Link to story.
Meticulously photographed and documented reviews of candy from around the world. And the occasional other sweet adventures. Open your mouth, expand your mind.