Confectioner BBX Sweet Holdings, a wholly owned subsidiary of BBX Capital Corporation, has announced the acquisition of Helen Grace Chocolates.
Helen Grace Chocolates, headquartered in Lynwood California, produces premium chocolate confections, chocolate bars, chocolate candies and truffles. Helen Grace has three retail stores and also sells its chocolates through the grocery and retail channels.
“The Helen Grace acquisition adds another legendary brand to BBX Sweet Holdings portfolio. It also expands our presence in California, solidifying BBX Sweet Holdings as a coast-to-coast chocolate and candy company,” a spokesperson for BBX told just-food today (23 July).
This is BBX’s fourth acquisition since the end of last year. The latest acquisition of peanut-butter-based candy maker Jer’s Chocolates at the beginning of this month followed the purchases of Williams & Bennett in January and Hoffman’s Chocolates in December last year.
“We continue to look for good acquisitions – our criteria includes legendary brands, exceptional products, and great management. All three of those are important,” added the spokesperson.
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By GlobalData