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CandyRific Acquires Hilco Corp.

April 24, 2014
by Candy & Snack TODAY

Lexington, KY — Value confectioner Hilco Corp. has been purchased for $1 million by CandyRific LLC, which makes licensed novelty candy, according to the company.

Hilco will operate as an independent entity with its own national sales manager and sales brokers and will hold separate sales meetings, although it shares some accounts with CandyRific. Its logistics and administrative operations will move from King of Prussia, PA, to Lexington.

The acquisition strengthens CandyRific’s profile in the lower value channel while Hilco gains the advantages of the company’s brand licenses and international sales organization.

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