US private-equity firm BBX Capital Corp. has extended its presence in the premium chocolate category in the country through the acquisition of Florida-based Williams & Bennett.
BBX, which acquired Hoffman’s Chocolate late last year, said it has established a subsidiary – BBX Sweet Holdings – under which the two businesses will operate.
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Williams & Bennett manufactures premium branded and private-label chocolates that are sold to mass and boutique retail chains, department stores, corporate and resort customers.
Commenting on the deal, Williams & Bennett co-founders Becky and Bill Gardner said they were “thrilled” to have found “a partner with the resources and experience” to grow the business.
