Jelly Belly Acquisition: Ferrara Candy Company Takes Over
The Ferrara Candy Company has announced its acquisition of the Jelly Belly Candy Company, a family-owned business known for its jelly beans. The deal involves nearly 800 Jelly Belly employees and facilities in California, Illinois, and Thailand. The sale's impact on Jelly Belly's factory in Fairfield, California, and its workers remains unclear. Jeff Brown, the current executive vice president of global operations and distribution, will become the CEO of Jelly Belly Candy Company. The sale is expected to be finalized by the end of the year.