Fort Lauderdale, FL — The makers of Jer’s Squares and Peanut Butter Bars, Jer’s Chocolates, has been acquired by investment firm BBX Capital Corp.’s BBX Sweet Holdings subsidiary.
The acquiring firm reports to Candy & Snack TODAY there will not be changes to the executive management of the chocolate maker.
“Jer’s Chocolates is an ideal fit with our platform and we wcelcome CEO Jerry Swain and the Jer’s brand to our family of BBX Capital companies,” says Jarret Levan, president of the investment firm.
The closing price is not being disclosed. BBX Sweet Holdings also owns Hoffman’s Chocolates, acquired in 2013, and Williams & Bennett, purchased earlier this year.