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The Ferrara Candy Company is an American candy manufacturer, based in Chicago, Illinois, and owned by the Ferrero Group. The company was formed from a 2012 merger of the Illinois-based Ferrara Pan Candy Company and Minnesota-based Farley's & Sathers Candy Company. Ferrara's product line includes the brands of Ferrara-branded pan candy (such as Lemonheads, Atomic Fireballs, Red Hots, and Original Boston Baked Beans) and those of Farley's & Sathers (such as Brach's, Chuckles, Jujyfruits, and Now and Later). In November 2017, The Ferrero Group announced that they were going to acquire the company, which was finalized in December 2017. In 2018, Ferrara's parent company Ferrero SpA purchased Nestlé's U.S. candy line for $2.8 billion and handed responsibility for most products to Ferrara. Former Nestle products now distributed in the U.S. by Ferrara include Butterfinger, Crunch, Baby Ruth, Raisinets, Nips, Laffy Taffy, and hard candy (such as Spree and Everlasting Gobstoppe ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Original Boston Baked Beans
The Ferrara Candy Company is an American candy manufacturer, based in Chicago, Illinois, and owned by the Ferrero Group. The company was formed from a 2012 merger of the Illinois-based Ferrara Pan Candy Company and Minnesota-based Farley's & Sathers Candy Company. Ferrara's product line includes the brands of Ferrara-branded pan candy (such as Lemonheads, Atomic Fireballs, Red Hots, and Original Boston Baked Beans) and those of Farley's & Sathers (such as Brach's, Chuckles, Jujyfruits, and Now and Later). In November 2017, The Ferrero Group announced that they were going to acquire the company, which was finalized in December 2017. In 2018, Ferrara's parent company Ferrero SpA purchased Nestlé's U.S. candy line for $2.8 billion and handed responsibility for most products to Ferrara. Former Nestle products now distributed in the U.S. by Ferrara include Butterfinger, Crunch, Baby Ruth, Raisinets, Nips, Laffy Taffy, and hard candy (such as Spree and Everlasting Gobstop ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Illinois
Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria and Rockford, as well Springfield, its capital. Of the fifty U.S. states, Illinois has the fifth-largest gross domestic product (GDP), the sixth-largest population, and the 25th-largest land area. Illinois has a highly diverse economy, with the global city of Chicago in the northeast, major industrial and agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its central location and favorable geography, the state is a major transportation hub: the Port of Chicago has access to the Atlantic Ocean through the Great Lakes and Saint Lawrence Seaway and to the Gulf of Mexico from the Mississippi River via the Illinois Waterway. Additionally, the Mississippi, Ohio, and Wabas ...
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Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_total ...
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Trolli
Trolli is a German manufacturer of confectionery. Its American arm was sold in 1996 and became a confectionery brand used by Ferrara Candy Company. Trolli sells gummy candies, marshmallows, and soft licorice gums in over 80 countries and has factories in Germany, Spain, Indonesia, USA, China and the Czech Republic. History In 1948 Willy Mederer founded Willy Mederer KG, a company producing pasta in Fürth, Germany. When sugar rationing regulations were lifted the company changed production from pasta to confectionery. The company grew in the 1950s and 1960s, widening the product range and rising to 150 staff. Candies were sold under the Wilmed brand, a portmanteau of Willy Mederer. Sales offices in Munich and Stuttgart were opened. In 1975 the company registered the 'Trolli' brand name that became the trading name for the company in 2012. Willy Mederer died in 1984 and was succeeded by his son Herbert. Trolli varieties were added, including sour flavours, double layered gumm ...
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100 Grand
100 Grand (originally called the $100,000 Candy Bar and then, from the 1970s through the mid-1980s, as the $100,000 Bar) is a candy bar produced by the Ferrara Candy Company, a subsidiary of Ferrero. The candy bar was created in 1964 by Nestlé. It weighs and includes chocolate, caramel and crisped rice. The bar contains 201 calories; it is low in cholesterol and sodium, but high in saturated fat and sugar. Its first slogan was, "Tastes so good it's almost illegal!" Its current slogan is, "That's Rich!" Use in humor In the mid 1990s, Gregg "Opie" Hughes and Anthony Cumia, DJs on Boston radio station WAAF-FM, promoted a giveaway of "100 Grand" over several weeks before finally revealing to the eventual winner that the prize was a 100 Grand bar rather than $100,000. In the Seinfeld episode " The Dealership," George is complaining to a manager that a mechanic stole his Twix as evidenced by the cookie crumbs on his face. The manager asks if it could have been the $100,00 ...
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Oh Henry!
Oh Henry! is an American candy bar containing peanuts, caramel, and fudge coated in chocolate. History There are multiple versions of the Oh Henry! bar origin story. The manufacturer Nestlé says that the bar was introduced by George Williamson and his Williamson Candy Company of Chicago in 1920 in the United States. The most popular alternate story is that Thomas Henry, manager of the Peerless Candy Co. in Arkansas City, Kansas, invented a bar he called the "Tom Henry Bar" in the late 1910s, and sold the recipe to George Williamson in 1920. There is no credible documentation of this story. There are other alternate accounts of the origin of the name of the bar. The story supported by Nestlé is that there was a boy named Henry who frequented George Williamson's second candy shop. He became a favorite of the young girls who worked there, who would say "Oh Henry" when speaking to or about him, and Williamson used this phrase to name his new confection. The other (undocumente ...
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Raisinets
Chocolate-covered raisins are a candy consisting of individual raisins coated in a shell of milk, dark or white chocolate. Varieties and brands In some countries, they are also known as Raisinets, which is the earliest and one of the most popular brands of the product, currently made by Ferrara, a subsidiary of Ferrero SpA. Raisinets were introduced in the United States in 1927 by the Blumenthal Chocolate Company. Ferrero acquired the brand in 2018 from Nestlé Nestlé S.A. (; ; ) is a 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 ..., who had briefly expanded the brand to include milk chocolate-covered dried Cranberry, cranberries and dried Cherry, cherries from late 2009 through 2013. A large number of other brands also exist, including: * In the United Kingdom, chocolate raisins are considered a ...
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