Stockholm / SE. (chab) Swedish Candyking Holding AB, leading supplier of pick + mix candy in the Nordic region, the UK, Ireland and Poland, will get a new owner. The company’s current CEO, Dani Evanoff, will through a new legal entity take over ownership of Candyking from its present owner, the investment fund Accent Equity 2008.
Dani Evanoff started the company Godisprinsen, acquired by Candyking in 2008. Dani was thereafter part of the group management team for several years. He then created his own concepts within the fast-moving consumer goods market and assumed the role of CEO for Candyking in the summer of 2016. Candyking was originally formed by the entrepreneur Christer Forsman in 1984 and will thus again be led by a true entrepreneur.
«It is with the greatest respect and due modesty that I now will take over the responsibility to building Candyking into a company of excellence together with my team. The company shall become a leading player within fast-moving consumer goods», comments Dani Evanoff.
«Dani Evanoff has what it takes to take Candyking to the next level in a tough competitive market», says Jan Ohlsson, chairman of Candyking’s board. «We wish Dani and his team all the best in their continued journey together».
The current transaction is conditional on approval under Candyking’s bond loan, which is expected in the end of January 2017. Until then, discussions regarding the company’s long-term financing will continue with Candyking’s bondholders.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Conagra Brands: Reports First Quarter 2025 Results
- ICA Maxi Ängelholm to Build Sweden’s Largest In-Store Farm
- Gudrun Group: Joins Natra to Create a Leading Global Platform
- Greggs PLC: Announces good progress in Q3-2024
- NewSpring Capital: completes investment in Great Harvest
- Arcos Dorados: Exercises Renewal Option
- Once Again Collective: acquires almond manufacturer
- Cloetta AB: puts investment in greenfield plant on hold
- AB Akola Group: increases investment in breadcrumb factory
- Batory Foods: Unveils Expanded Wilmington Facility
- Post Holdings: Affirms Fiscal Year 2024 Outlook
- Paris Baguette: Partners with «Lunchbox» CRM
- Bimbo Canada to Close Bakery in Quebec City
- Zabka Group: opens 20th »Froo« store in Romania
- Harry-Brot: puts new plant section in Troisdorf into operation
- Platinum Equity and Butterfly to Acquire Rise Baking
- Bay State Milling Company Expands to Montana
- La Brea: artisan bakery launches in 1’000 Target stores
- Coffee Holding: Net sales grow by 19 percent in Q3-2024
- Boudin: Celebrates 175 Years of Tradition and Innovation