PE-Backed Pearson Picks Up Nestle's Bit-O-Honey Brand
May 2, 2013
Pearson Candy, a portfolio company of Brynwood Partners, has acquired the Bit-O-Honey confectionary brand from Nestle USA. It's the fifth brand that Brynwood Partners has acquired from Nestle. Bit-O-Honey candy consists of almond pieces ingrained in honey-flavored taffy, and is sold through retailers in the food, drug, mass and dollar channels. Minnesota-based Pearson Candy was acquired by Brynwood in August 2011.