This just in! Another impressive acquisition has taken place in the snacking sector. It was announced that Mount Franklin Foods has acquired the assets from Stuffed Puffs for an undisclosed sum, effective immediately.
"As we continue to evolve our business, the acquisition of Stuffed Puffs represents a significant step in broadening our confectionery portfolio," said Enrique Grajeda, Chief Executive Officer of Mount Franklin Foods. "We are excited to wed our strengths with those of Stuffed Puffs to deliver even more value and innovation to our customers."
Mount Franklin Foods serves the retail and foodservice industries, manufacturing a variety of high-quality candy, mint, and nut products under well-recognized brands such as Azar Nut, Sunrise Confections, and Hospitality Mints. A press release stated that Mount Franklin Foods also has a large co-manufacturing and private label business supporting brands and retailers across the country. The acquisition aligns with Mount Franklin Foods’ strategic goal to diversify and expand its product offerings.
Stuffed Puffs, known for its innovative and proprietary technology for producing high-quality marshmallow products filled with milk chocolate and other ingredients, has garnered significant consumer attention. Stuffed Puffs also benefited from celebrity investors like Grammy-nominated artist Marshmello and his manager Moe Shalizi. Their reach and collaboration were pivotal in connecting the brand with a wide audience and helping to drive the brand’s success.
"We are thrilled to join the Mount Franklin Foods family," said Michael Tierney, Founder and CEO of Stuffed Puffs. "With a shared vision for the future of Stuffed Puffs, our strategic alignment with Mount Franklin Foods, together with its scale and resources, will be a major unlock for us to accelerate our growth trajectory and innovation pipeline."
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