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Stixx
Stixx are crisp wafer sticks with candy creme filling attached to the inside and Nestlé chocolate coating attached to the outside. The brand was owned by Nestlé, who sold it to by Brynwood Partners' DeMet's Candy Company in 2008. In 2013, Brynwood sold the company to Yıldız Holding.Brynwood Partners to Sell Maker of Turtles Candy
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DeMet's Candy Company
DeMet's Candy Company is a food company based in Connecticut, United States. It is a wholly owned subsidiary of Yıldız Holding. History DeMet's started in 1898 as a candy store business and soda fountain shop by George DeMet of Chicago — subsequently creating Turtles candies. After a series of mergers and acquisitions, DeMet’s was purchased by Nestlé in 1988. In 2007, Signature Snacks, acquired the DeMet’s brand from Nestlé. Former Nestlé USA executive Hendrik Hartong III is chairman of the company. In 2007, Brynwood Partners bought the "Turtles" brand from Nestle USA Inc., acquiring at the same time the Turtles production facility in Toronto, Canada — merging the acquisition with a company it owned at the time, Signature Snacks Company. Subsequently, Brynwood consolidated its portfolio of confectionery acquisitions, which included Stixx, Flipz chocolate covered pretzels, Treasures, and Turtles, resurrecting the dormant DeMet's Candy Company name. DeMet's ...
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Nestlé Crunch
Crunch is a chocolate bar made of milk chocolate and crisped rice. It is produced globally by Nestlé with the exception of the United States, where it is produced under license by the Ferrara Candy Company, a subsidiary of Ferrero. History Nestlé Crunch was first introduced in 1938. In the UK it was sold as Dairy Crunch from introduction in mid 1960s up to 1990s when it was rebranded as Crunch. In May 2013, Nestlé USA announced that Nestlé Crunch agreed to begin using 100% certified cocoa beans throughout the entire line of its standard Crunch bars for the first time. This plan came to fruition as part of the Nestlé Cocoa Plan, the company’s global initiative to help improve the lives of cocoa farmers and the quality of their products while assuring a sustainable cocoa supply for years to come. In January 2018, Nestlé announced plans to sell its U.S. confectionery brands (including the U.S. rights to Crunch) to Italian chocolatier Ferrero SpA, maker of Nutella, ...
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Brynwood Partners
Brynwood Partners is an American private equity investment firm focused on leveraged buyout and other control investments. Since its founding in 1984, the firm, headquartered in Greenwich, Connecticut, has raised five private equity fund, investment funds, including a $250 million fund in 2005. Through these funds, the company owns firms and brands including Juicy Juice, Balance Bar, and Pearson's Candy Company (Nut Goodie, Salted Nut Roll, Mint Patties, Bun Bars and Bit-O-Honey). The company's managing partners include Hendrik "Henk" J. Hartong, Jr. (co-founder), who had managed Air Express International in the mid-1980s until its $1.15 billion acquisition by Deutsche Post in 1999. Other managing partners include Hendrik J. Hartong III, Ian B MacTaggart, Dario U. Margve, Kevin C. Hartnett, Joan Y. Mccabe and Nicholas DiCarlo (CFO). Investments In 1988, Brynwood Partners purchased Richelieu Foods, a supplier of private-label food products and frozen pizzas. The company produces ...
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Confectionery
Confectionery is the art of making confections, which are food items that are rich in sugar and carbohydrates. Exact definitions are difficult. In general, however, confectionery is divided into two broad and somewhat overlapping categories: bakers' confections and sugar confections. The occupation of confectioner encompasses the categories of cooking performed by both the French ''patissier'' (pastry chef) and the ''confiseur'' (sugar worker). Bakers' confectionery, also called flour confections, includes principally sweet pastries, cakes, and similar baked goods Baking is a method of preparing food that uses dry heat, typically in an oven, but can also be done in hot ashes, or on hot stones. The most common baked item is bread but many other types of foods can be baked. Heat is gradually transferred .... Baker's confectionery excludes everyday Bread, breads, and thus is a subset of products produced by a baker. Sugar confectionery includes candies (also called '' ...
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Nestlé
Nestlé S.A. (; ; ) is a Switzerland, Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, since 2014."Nestlé's Brabeck: We have a "huge advantage" over big pharma in creating medical foods"
, ''CNN Money'', 1 April 2011
It ranked No. 64 on the Fortune Global 500, ''Fortune'' Global 500 in 2017 and No. 33 in the 2016 edition of the ''Forbes'' Global 2000 list of largest public companies. Nestlé's products include baby food (some including human milk oligosaccharides), medical food, bottled water, breakfast cereals, coffee and tea, confectionery, ...
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Chocolate
Chocolate is a food made from roasted and ground cacao seed kernels that is available as a liquid, solid, or paste, either on its own or as a flavoring agent in other foods. Cacao has been consumed in some form since at least the Olmec civilization (19th-11th century BCE), and the majority of Mesoamerican people ─ including the Maya and Aztecs ─ made chocolate beverages. The seeds of the cacao tree have an intense bitter taste and must be fermented to develop the flavor. After fermentation, the seeds are dried, cleaned, and roasted. The shell is removed to produce cocoa nibs, which are then ground to cocoa mass, unadulterated chocolate in rough form. Once the cocoa mass is liquefied by heating, it is called chocolate liquor. The liquor may also be cooled and processed into its two components: cocoa solids and cocoa butter. Baking chocolate, also called bitter chocolate, contains cocoa solids and cocoa butter in varying proportions, without any added sugar. Powder ...
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Yıldız Holding
Yıldız Holding is a Turkish Conglomerate (company), conglomerate that is best known for manufacturing food products. The company also produces other consumer goods and has its own retail, private equity and real estate operations. Yıldız Holding is among the largest food manufacturers in CEEMEA (Central and Eastern Europe, the Middle East, and Africa), generating revenues of 42.3 billion TL in 2017 across all businesses. The company employs 56,000 people and has 80 factories (25 of which are outside Turkey). Yıldız Holding has over 320 brands available in more than 130 countries. Through Yıldız Holding's core focus on biscuits, cakes and confectionery, the company has become number two in the world in the sweet biscuits category and number seven in the chocolate category by revenue. Business units Pladis Pladis is a global biscuit and confectionery company which was established in January 2016 when Yıldız Holding brought together United Biscuits, Ülker, Godiva Chocol ...
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North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the west and south by the Pacific Ocean. Because it is on the North American Plate, North American Tectonic Plate, Greenland is included as a part of North America geographically. North America covers an area of about , about 16.5% of Earth's land area and about 4.8% of its total surface. North America is the third-largest continent by area, following Asia and Africa, and the list of continents and continental subregions by population, fourth by population after Asia, Africa, and Europe. In 2013, its population was estimated at nearly 579 million people in List of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's population. In Americas (terminology)#Human ge ...
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Retail Market
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Butterfinger
Butterfinger is a candy bar manufactured by the Ferrero SpA, a subsidiary of Ferrero. It consists of a layered crisp peanut butter core covered in a chocolatey coating. Invented by Otto Schnering of the Curtiss Candy Company in 1923, the name of the candy was chosen by a popularity contest. In its early years, it was promoted by Shirley Temple in the 1934 film ''Baby Take a Bow''. Butterfinger was advertised by characters from an animated sketch series on Fox's '' The Tracey Ullman Show'' called ''The Simpsons'' beginning in 1988. The animated series became a smash hit for Fox, and its characters continued to represent the candy bar in commercial advertisements until 2001. History Butterfingers were invented by Otto Schnering in 1923. Schnering had founded the Curtiss Candy Company near Chicago, Illinois, in 1922. The company held a public contest to choose the name of this candy. In an early marketing campaign, the company dropped Butterfinger and Baby Ruth candy bars from ai ...
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