The story
History
Salvatore Ferrara emigrated from Nola to New York in 1900. In 1908, he opened a bakery at 772 W. Taylor with his brother-in-law, Salvatore "Sal" Lezza, in the heart of Chicago's "Little Italy" neighborhood. He sold candy-coated almonds known as "confetti" (or Jordan almonds), a popular treat at Italian weddings. Sal Lezza learned to pan candy in Italy and taught his brother-in-law the trade. At the time, however, wedding cakes were the big profit maker and the relatives split the business into two, one with the bakery, led by Lezza; and, one for the candy, led by Ferrara.
Ferrara partnered with two brothers-in-law, Salvatore Buffardi and Anello Pagano. They built a two-story brick building at 2200 W. Taylor and began producing a variety of panned candies. The second floor of the building was devoted to the revolving kettles that produced the pan candy, with all of the machines being driven by a giant wheel. The candy was dropped to the shipping department below through a hole in the floor.
The private equity firm Catterton Partners, owner of Farley's & Sathers Candy Company, arranged the 2012 deal whereby that well-established confectioner would merge with the Ferrara Pan Candy Company. Although Ferrara Pan Candy was only about half the size of Farley's & Sathers, the new company was christened the Ferrara Candy Company and placed under the leadership of Ferrara Pan Chief Executive Salvatore Ferrara II.
Ferrara Candy is headquartered in Chicago, Illinois. It operates seven manufacturing plants in the U.S. and Mexico, as well as distribution centers around the United States.
The company sells 92% of all mellowcremes in the U.S.; it is the largest producer of candy canes, the largest seller of conversation hearts and produces a large portion of the jelly beans that are consumed in the United States. The company has 21 starch moguls, of 40 in the U.S. as a whole. The company has between 700 and 800 pans operating at any given time. It states that it produces 1 million pounds of gummy candy per week in four manufacturing plants, two in the U.S. and two in Mexico. The company employs approximately 6,000 people.
Timeline
1860s: Henry Heide Candy Company begins business
1890s: Farley Candy Company established
1904: Brach's Candies begins production in the backroom of a Chicago store. Brock's Candy of Chattanooga begins production of penny candies, peanut brittle and jelly candies.
Read the full text
1908: Ferrara Pan Candy is formed
1919: Bobs Candies is formed
1921: Baby Ruth is introduced
1930s: Sathers Candy Company begins operations
1962: Lemonheads introduced
1980s: Trolli Gummis begins production in the U.S.
1994: Brach's Candy purchases a controlling interest in Brock's Candy of Chattanooga
1995: Favorite Brands International created with purchase of Kraft Caramel, Marshmallow, Dinner Mints and Peanut Brittle businesses. Henry Heide, Inc is sold to Hershey Foods.
1996: Favorite Brands International acquires Farley Foods, Sathers Candy and Kidd Marshmallow businesses
1997: Favorite Brands International acquires Dae Julie and the Trolli Gummi businesses
2002: Catterton Partners form Farleys & Sathers Candy Company made up of assets from the former Farley Foods, Sathers Candy Company, and the Kraft Taffy business from Kraft; Chuckles and several other Henry Heide brands purchased from Hershey Foods.
2005: Farley & Sathers acquires the Trolli Gummi business, which had been part of the Favorite Brands group of products, from Wm. Wrigley Jr. Company, which had acquired it as part of a larger group of businesses from Kraft. Bob's Candies is acquired.
2007: Farley & Sathers acquires Brach's Candy
2012: Catterton Partners purchases Ferrara Pan Candy Company and renames the company Ferrara Candy, a shorter name with better name recognition
2017: Ferrero Group acquires Ferrara Candy Company.
2018: Ferrero buys Nestlé's U.S. candy business with its Ferrara unit taking over Nestlé's U.S. candy brands.
2023: Ferrara Candy Company acquires Dori Alimentos.
2023: Ferrara Candy Company acquires Jelly Belly Candy Company.
2024: Ferrara discontinues Fruit Stripe gum
2025: Ferrara Candy Company acquires Carambar & Co (Carambar & Co is made up of assets formerly owned by Kraft (now Mondelez))
From Wikipedia’s article on Ferrara Candy Company, shared under CC BY-SA 4.0.5