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Current Position:Home » News » Processed Foods » Confectionary » Topic

Arway Confections Acquires Long Grove Confectionery

Zoom in font  Zoom out font Published: 2013-06-14  Views: 26
Core Tip: Baldi Candy Company Arway Confections, Inc. of Chicago has reached a definitive agreement to purchase the business and real estate of Long Grove Confectionery Company of Buffalo Grove, Ill.
Arway Confections, a 63-year-old family owned business located on Chicago’s north side, plans to retain the Long Grove Confectionery (LGC) name and employees, including David Mangel, LGC’s Vice President, who will play an active role in sales and product development, and Dwayne Hallan, Director of Operations. The combined entity will utilize both the existing 75,000-square-foot Arway manufacturing facility located at 3425 N. Kimball Ave. in Chicago as well as the newly acquired 85,000-square-foot LGC facility located in Buffalo Grove. LCG’s one retail store and one factory store will also remain open.

Craig Leva, Arway’s president and owner who has been with the company since 1991, will continue as president of Arway following completion of the transaction with LGC. “We are very excited about this acquisition, the tremendous opportunities, and the natural synergies there are by combining the operations of these two great storied Chicago-area companies,” said Leva.

 
 
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