PE-backed Chocolate Works announces more M&A

Dean Best

Wed, May 14, 2025, 6:11 AM 2 min read

Chocolate Works has acquired chap US-based confectioner Thompson Chocolate.

The deal, struck for an undisclosed sum, bolsters Chocolate Works' private-label and co-manufacturing options, a connection announcing the woody said.

Connecticut-based Thompson Chocolate, which dates backmost to 1879, manufactures for “some of the astir respected cocoa brands and retailers successful the world”, the statement, issued by Chocolate Works proprietor Insignia Capital Group, read. Just Food has asked for further details.

“Thompson importantly expands our backstage statement and co-manufacturing accumulation capabilities and expands our branded offerings,” Chocolate Works laminitis and vice president Joe Whaley said successful the statement.

Private-equity steadfast Insignia Capital Group acquired Freeport-based Chocolate Works 2 years ago. Chocolate Works, founded successful 1991, has facilities successful Long Island and Portland.

That woody came a twelvemonth aft Chocolate Works had snapped up Oregon-based Moonstruck Chocolate Co, which gave the institution its tract successful Portland.

Thompson Chocolate CEO Steve Gollob welcomed the deal. “We’re incredibly excited to articulation forces with the Chocolate Works organisation," helium said. "This concern enables america to proceed delivering for our clients portion expanding our offerings to see bars, truffles cocoa bombs, and enrobed cocoa snacks successful a wide scope of packaging formats.”

Insignia Capital Group, which besides owns US meat-products radical Tillamook Country Smoker and snacks concern Century Snacks, said the latest woody “represents a large measurement guardant successful the improvement of a best-in-class specialty cocoa level with a broad scope of merchandise improvement and manufacturing capabilities for Fortune 500 customers and emerging brands alike”.

The private-equity steadfast bought Tillamook Country Smoker in 2017 and New Century Snacks a twelvemonth earlier.

"PE-backed Chocolate Works announces much M&A" was primitively created and published by Just Food, a GlobalData owned brand.

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