Chocolate Works, a manufacturer of branded and private-label chocolate products, has acquired Thompson Chocolate, a Meriden, Conn.-based based manufacturer of specialty and foil-wrapped chocolate novelties.
Prior to the acquisition, Thompson CEO Steve Gollob expanded Thompson’s capacity and product portfolio. Thompson, which was founded in 1879, reportedly has foil-wrapping capabilities across several chocolate formats that are unique in the U.S. market.
Thompson follows Moonstruck Chocolate as Chocolate Works’ second add-on acquisition. Insignia Capital Group facilitated the transaction.
What they are saying
“We are thrilled to welcome Thompson to the Chocolate Works platform,” said Chocolate Works founder and vice chairman Joe Whaley, in a release. “Thompson significantly expands our private-label and co-manufacturing production capabilities and expands our branded offerings, creating new opportunities to deliver exceptional value and quality to retailers and consumers. Steve and his team share our passion for innovation and commitment to exceptional client service.”
“We’re incredibly excited to join forces with the Chocolate Works organization. This partnership enables us to continue delivering for our clients while expanding our offerings to include bars, truffles cocoa bombs, and enrobed chocolate snacks in a wide range of packaging formats,” said Thompson CEO Steve Gollob in a release.
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