Wm. Wrigley Jr. Company sells North American Trolli(R) business
The Creston factory has approximately 150 employees who will transfer with the business.
22/11/05 The Wm. Wrigley Jr. Company has announced the signing of an agreement to sell the North American trademark rights for the Trolli gummy candy brand and the associated Creston, Iowa production facility to Farley's & Sathers Candy Co., Inc. of Round Lake, MN. Terms are not being disclosed.
The Creston factory has approximately 150 employees who will transfer with the business. The two companies will work on transitioning the business, including customer notification, over the coming weeks, with an expectation that the transaction will close by mid-December.
The Wrigley Company is a recognized leader in the confectionery field and the world's largest manufacturer and marketer of chewing gum, with global sales of more than $4 billion. The Company markets its world-famous brands in more than 180 countries. Three of these brands -- Wrigley's Spearmint®, Juicy Fruit®, and Altoids® -- have heritages stretching back more than a century. Other brands include Doublemint®, Life Savers®, Big Red®, Boomer®, Pim Pom®, Winterfresh®, Extra®, Freedent®, Hubba Bubba®, Orbit®, Excel®, Creme Savers®, Eclipse®, Airwaves®, Alpine®, Solano®, Sugus®, Cool Air®, and P.K.®.
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