Jelly beans producer acquired

Swedish based confectionery company Cloetta has acquired Irish confectionery firm, Aran Candy. Aran Candy produces gourmet jelly beans and exports to around 50 countries.

Managing director, Richard Cullen says: “This is a very exciting opportunity for The Jelly Bean Factory. We are very pleased to become part of the Cloetta Group. With Cloetta’s focus on brands and strong routes-to-market in their core markets, I am convinced we will be able to further strengthen and accelerate the growth of The Jelly Bean Factory brand”.

CEO of Cloetta, Bengt Baron, says: “Jelly Beans” are known as a product to consumers world-wide, and the acquisition of “The Jelly Bean Factory” will support Cloetta’s profitable growth by adding an offering to the Munchy Moments within the sugar confectionary category. The Jelly Bean Factory has shown strong growth over the last years and the acquisition will significantly strengthen Cloettas’ position in the UK market. In addition, we intend to roll out the products in our current core markets over time.”

Richard Cullen will continue as managing director of Aran Candy and will oversee its future development.