BBX Capital acquires Kencraft Candy
US-based BBX Sweet Holdings, a wholly-owned subsidiary of BBX Capital Corporation, has made its seventh acquisition in less than 18 months, taking over the assets of Kencraft Candy.
Established in 1969, Kencraft Candy is well known for their Lollipops, LolliKits, LolliLetters, Candy Sticks, Candy Canes, Bubble Gum Buddies, Royal Icing Decorations, and Panoramic Sugar Easter Eggs.
BBX Sweet Holdings invests in manufacturers, whole- salers and retailers of chocolate and confectionery products and is looking to extend its reach within the industry. It entered the branch in December 2013 with the acquisition of Hoffman’s Chocolates. Five companies followed: Anastasia Confections, Helen Grace chocolates, Jer’s Chocolates, The Toffee Box, and Williams & Bennett.