SINCE 1921 June 1999 BUSINESS NEWS THE MANUFACTURING CONFECTIONER — The Business Magazine of the Global Sweet Goods Industry Companies in the News Leaf Europe sold to CSM Ahold . 12 CSM, the Dutch food products group, consisting of Red Ban Venco in the S. Alexanders Chocolates . 14 recently announced its plans to create one Benelux and Malaco in Scandinavia, will Archibald Candy Corp. 18 of Europe’s largest sweets and confec- triple in size as a result of the acquisition. Barry Callebaut USA . 18 tionery groups by paying e390 million Leaf had a turnover of e420 million Cadbury Schweppes . 10 e Callebaut . 18 (US$415 million) for Leaf, the Finnish (US$447 million) and profits of 30 mil- Centrum . 12 sweet-maker of brands such as Chewits, lion (US$32 million) last year. Clark Bar America . 7 Xylifresh and Lackerol. The Finnish company has two plants in Cocoa Barry . 18 The Dutch company said it would use the U.K. — in Bristol and Southport in CSM . 7 Leaf as a platform to expand its confec- Lancashire . Dayton Hudson . 8 Dollar Sweets . 14 tionery presence in the Nordic region. Huhtamaki previously sold the Gubor Embaré Indústria Alimenticias . 14 The CSM sugar confectionery division, brand to Stollwerk. Fannie May . 7 Farley Candy . 12 Whitman’s offers to purchase Rocky Mountain Favorite Brands . 12 Whitman’s Candies announced its offer to Rocky Mountain Chocolate had sales of The Foreign Candy Co. 12 Chocolates Garoto . 14 purchase Rocky Mountain Chocolate Fac- $25.8 million in 1998. It has 37 company- Gubor . 7 tory, Inc. Whitman’s has offered $5.75 per owned stores and 183 franchised stores in Haitai . 14 share or approximately $22.5 million North America. Whitman’s is owned by Harmony Foods . 18 including assumed bank debt. Russell Stover Candies, Inc. Hershey Foods Corp. 8 Huhtamaki . 7 Leaf . 7 Necco acquires Clark assets Lotte Confectionery . 14 New England Confectionery Company Bar America to broaden its brand offer- Compania Nacional de Chocolates . 14 (Necco) has acquired the manufacturing ings in the candy bar category. Necco Necco . 7 assets and trademarks of the Pittsburgh- will move the Clark operation into its Nestlé . 8, 10, 18 Procter & Gamble . 10 based Clark Bar America for $4.1 million. manufacturing facility in Cambridge, Riclan Alimentos . 8 Necco purchased the assets of Clark Massachusetts. Rocky Mountain Chocolate Factory . 7 Sarotti . 10 Sherwood Brands . 12 Fannie May opens Hallmark store Snack Brands Australia . 14 Fannie May Candies held a grand opening and has been available in the Crown stores Stollwerk . 7, 10 in April of its own Hallmark Store in since November of 1998. Russell Stover Candies . 7 Bartlett, Illinois, U.S. The store’s Tongyang Confectionery . 14 Tootsie Roll Industries . 8 opening is an extension of a strate- Van Leer Chocolates . 18 gic alliance formed between Fan- Whitman’s Candies . 7 nie May and Hallmark last spring. Wm. Wrigley Jr. Company . 9 The cobranded candy with the label, “Fannie May Candies Cele- brated Collection/Hallmark Con- fections” was developed exclusively for Hallmark Gold Crown stores The Manufacturing Confectioner • June 1999 7.