US confectioner Farley’s & Sathers has reportedly hired investment bankers to help it find a buyer.

The company, which makes Brach’s Fruit Chews and Jujyfruits, was purchased by private-equity owner Catterton Partners in 2002.

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According to a Reuters report, citing sources familiar with the situation, the company is in the early stages of its sale process.

The group manufactures more than 900 candy items, with revenues of about US$650m.

Farley’s & Sathers declined to comment when contacted by just-food.

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