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HERSHEY, Pa. -- Hershey Foods Corp. and Farley's & Sathers Candy Co. Inc. announced that they have entered into a definitive agreement for the sale of a group of Hershey's gum brands. Included in the transaction are Fruit Stripe chewing gum, Rain-Blo gum balls and Super Bubble bubble gum trademarked brands. Terms of the deal were not disclosed.
Farley's & Sathers Candy Company Inc., a portfolio company of Catterton Partners, is a leading manufacturer and marketer of quality non-chocolate confectionery products. Some of the company's most popular products include Farley's and Sathers brand candies; Heide brand gummi bears; Jujyfruits, Red Hot Dollars and Red Raspberry Dollars brand juju candies; Chuckles brand candies; and Now and Later.