Kraft Foods Inc. and Farley's & Sathers Candy Company, Inc

Food & Drink Weekly, Feb 25, 2002

Kraft Foods Inc. and Fancy's & Sathers Candy Company, Inc., a portfolio company of Catterton Partners, announced that Farley's & Sathers Candy has completed the purchase of the U.S.-based Farley and Sathers confectionery businesses from Kraft. Terms of the agreement were not disclosed. The sale includes the Farley's and Sathers trademarks, Sathers distribution and six facilities - three Farley plants and three Sathers locations.

With over $500 million in equity capital, Catterton Partners is one of the largest private equity firms in the U.S., focusing on providing growth equity capital in the consumer industries. Investments completed by Catterton include, among others: Odwalla/Fresh Samantha, Baja Fresh, Build-a-Bear Workshops, Case Logic and P.F. Chang's China Bistro.