date:May 02, 2013
Brynwood Partners VI L.P., through its Pearson Candy Co., has acquired the Bit-O-Honey confectionery brand from Nestle USA, Inc. It is the fifth brand Brynwood has acquired from Nestle. Terms of the transaction were not disclosed.
Introduced in 1924 by the Schutter-Johnson Co. of Chicago, Bit-O-Honey was acquired by Nestle in 1984. According to Brynwood, Bit-O-Honey is available in many formats and has wide U.S. retail distribution in food, drug, mass market and dollar channels.
The acquisitio