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Current Position:Home » News » General News » Topic

BBX Sweet acquires Droga Chocolates

Zoom in font  Zoom out font Published: 2015-06-03  Views: 23
Core Tip: US confectioner BBX Sweet Holdings, a wholly-owned subsidiary of private equity firm BBX Capital, has acquired Droga Chocolates for an undisclosed amount.
The acquisition is in line with BBX Sweet's strategy to expand its presence into the confectionary industry.

Droga Chocolates produces and sells confectionary products including Money on Honey, Nutty Puddles, Peanut Butter Bots, Rebel Rocky Road and Big Bite Brittle.

Made with all natural ingredients, Droga's products are sold through various distribution channels including natural and mainstream grocery chains, gift shops, online and at specialty retailers across the US, Canada, the UK and Japan.

Founded in 2007, Droga Chocolates was formerly known as Droga Confections.

BBX Sweet CEO Jarett Levan said: "As we focus on continuing to extend our reach into the confections industry, the acquisition of Droga is a great strategic fit for our portfolio and expands our growing number of product offerings in the confectionary and indulgent snack category.

"We look forward to working with Michelle to grow and enhance the BBX Sweet Holdings business. Her passion for brand building and expertise in the confections arena will be valuable for BBX Sweet Holdings companies."

 
 
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