Ferrara acquires Jelly Belly

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Two legendary Chicago-area candymakers have joined forces. Ferrara Candy, a business unit of Ferrero SpA, agreed to acquire Jelly Belly Candy Co., Crain’s Chicago Business reported. The seed for Ferrara was planted at the Original Ferrara Bakery on Taylor Street, which blossomed into Ferrara Pan Candy in Forest Park. The business unit now employs 7,500 worldwide, including 2,200 in Illinois. Jelly Belly began as Goelitz Confectionery Company in suburban St. Louis and later moved to California. It has about 800 employees and operates a plant in North Chicago. Ferrero SpA is a multinational company headquartered in Luxembourg with roots in Italy. It recently opened an innovation lab in downtown Chicago.




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