Chocolate Works, a manufacturer of branded and private-label chocolate products, announced the acquisition of Thompson Chocolate, a Meriden, Connecticut-based manufacturer of specialty and foil-wrapped chocolate novelties.
Founded in 1879, Thompson has a legacy as a manufacturer for some of the world’s most respected chocolate brands and retailers. Its high-quality foil-wrapping capabilities across various chocolate formats are unique in the U.S. market.
Thompson CEO Steve Gollob is an experienced executive with a record of success in the confectionery industry. Steve has expanded Thompson’s capacity and product portfolio while building upon the company’s centuries-old tradition of providing customers with high-quality chocolate products.
Thompson follows Moonstruck Chocolate as Chocolate Works’ second add-on acquisition. This combination represents a significant step forward in developing a best-in-class specialty chocolate platform with a wide range of product development and manufacturing capabilities for Fortune 500 customers and emerging brands.
Insignia Capital Group facilitated this acquisition.
KEY QUOTES:
“We are thrilled to welcome Thompson to the Chocolate Works platform. Thompson significantly expands our private label and co-manufacturing production capabilities and expands our branded offerings, creating new opportunities to deliver exceptional value and quality to retailers and consumers. Steve and his team share our passion for innovation and commitment to exceptional client service.”
Chocolate Works Founder and Vice Chairman Joe Whaley
“We’re incredibly excited to join forces with the Chocolate Works organization. This partnership enables us to continue delivering for our clients while expanding our offerings to include bars, truffles cocoa bombs, and enrobed chocolate snacks in a wide range of packaging formats.”
Thompson CEO Steve Gollob