DeMets

 

For the Media

News

DeMet's Candy Company makes such tasty favorites like TURTLES®, FLIPZ®, and TREASURES® that we like to say DeMet's Makes Mmmmmm. Quite often, we also make headlines.

May 7th, 2013

DeMet’s Candy Company Divests TrueNorth

GREENWICH, CT — May 7, 2013 — Brynwood Partners V L.P. announced today that its portfolio company, DeMet’s Candy Company, has sold the TrueNorth® brand and selected assets to B&G Foods, Inc. Terms and conditions of the transaction, which closed yesterday, were not disclosed.

TrueNorth is a leader in the better-for-you snack category. TrueNorth is a nationally distributed premium snack nut brand that DeMet’s acquired from Frito-Lay North America, a division of PepsiCo, Inc., in 2010. Under its ownership, DeMet’s introduced new TrueNorth flavor varieties to leading customers in the club, mass and food retail channels.

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January 9th, 2012

Half a Century In Food Service

CIRASCOPE Profile: GEORGE DEMET
Half a Century In Food Service
by Carole Newcomer

“Reading is my one hobby,” said CIRA member George DeMet. “Until recently, I read until late every night-usually until two or three a.m. History books or historical novels are my preference, and I’ve probably read more biographies than anything else.

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April 1st, 2011

DeMet’s® Turtles® Launches Roll Out The Red Carpet Instant Win Game and Hollywood Sweepstakes

Thousands of winners will receive Red Carpet themed prizing – Grand Prize winner and guest flown to Hollywood

STAMFORD, CT — April 1, 2011 — DeMet’s Candy Company, makers of the famous TURTLES® brand caramel nut clusters, announced today that it has launched an exciting instant win game and sweepstakes.  Consumers can enter for free at www.facebook.com/DeMetsTurtles.  Bonus entry game codes are available inside specially marked Original variety TURTLES® 1.76 oz. 3-piece bars and Original and Cashew varieties 7 oz. stand-up boxes.
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January 4th, 2011

DeMet’s Candy Company Acquires the TrueNorth® Brand

STAMFORD, CT — January 3, 2011 — DeMet’s Candy Company announced today that it has completed the acquisition of the TrueNorth® nut snack brand from Frito-Lay North America (“FLNA” – a division of Pepsico, Inc.). DeMet’s will merge TrueNorth® into its existing portfolio of confectionary products that includes: DeMet’s Turtles®, DeMet’s Flipz®, DeMet’s Treasures®, and DeMet’s Stixx®. DeMet’s is owned by the Greenwich, CT-based private equity fund, Brynwood Partners V L.P.
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May 6th, 2009

DeMet’s Candy opens new production facility in New York

Despite the struggling economy, DeMet’s Candy Co. has made plans to open a new, state-of-the-art production facility in Big Flats, N.Y. The 100,000-sq.-ft. facility will house all candy making operations for the TURTLES brand, including enrobing, caramel making, packaging and warehousing, while creating 80-100 full-time jobs and 50-100 seasonal jobs.
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December 1st, 2008

DeMet’s Candy Company Acquires the TREASURES and STIXX Brands from Nestle

GREENWICH, Conn., Dec. 1 /PRNewswire/ — DeMet’s Candy Company announced today that it has completed the acquisition of the TREASURES and STIXX confectionery brands from Nestle USA, Inc. DeMet’s will merge these two brands into its existing portfolio of confectionary products after a short transition period with Nestle. DeMet’s currently markets the TURTLES(R) and FLIPZ(R) brands and is headquartered in Stamford, CT. DeMet’s is owned by Greenwich, CT based Brynwood Partners.
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May 24th, 2007

Brynwood Partners V L.P. Acquires Turtles® Brand from Nestlé

GREENWICH, CT — May 24, 2007 — Brynwood Partners V L.P. announced today that it has signed a definitive purchase agreement to acquire the Turtles® confectionery brand from Nestlé USA, Inc., through a newly formed company, DeMet’s Candy Company. The acquisition is expected to close by June 1, 2007. Brynwood Partners will also acquire the Turtles® production facility in Toronto, Canada from Nestlé Canada in a separate transaction and will merge this manufacturing facility into DeMet’s. Brynwood Partners is only purchasing the United States rights to the Turtles® brand. DeMet’s will manufacture Turtles® in the Canadian facility to supply the United States business and will continue to supply Turtles® and selected other products to Nestlé Canada through a long-term supply contract.
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DeMets History

DeMet's Candy Company was originally started in 1898 as a candy store business and soda fountain shop by George DeMet of Chicago.

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