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Bloomberg reported. The move comes a month after L Catterton sold its remaining stake in Nature’s Variety to Agrolimen, a joint venture partner for the investment. Ferrara, based in Oakbrook Terrace, Illinois, makes yummy gummies, better-for-you fruit snacks and other confectionary delectables. The platform was formed through the combination of Farley’s & Sathers and Ferrara Pan Candy Co. in 2012, and includes iconic brands such as Trolli, Lemonheads, Now & Later, Atomic Fireball and Brach’s. Many of these brands have endured and prospered for the better part of a hundred years, since Ferrara Pan Candy Co. was founded by Salvatore Ferrara in 1908 as a manufacturer of Italian pastries and sugar coated candy almonds from his bakery in Chicago’s Little Italy neighborhood. “As America’s number one maker of non-chocolate confections, we’ve been delivering little bites of goodness for more than a century. And we’re only getting started,” says Ferrara Candy Co. “Sure we’ve got a sweet history — but we’ve got an even richer opportunity for future growth and success.” L Catterton, formed in January 2016 through the partnership of Catterton, LVMH and Groupe Arnault, is the largest consumer-focused private equity firm in the world, operating multiple funds out of seventeen offices across five continents. Since its founding in 1989, Catterton has leveraged its category insight, strategic and operating skills, and network of industry contacts to establish one of the strongest private equity investment track records in the middle market. L Catterton builds on this heritage and the strong track record of LVMH and Groupe Arnault’s existing European and Asian private equity and real estate operations, conducted under the L Capital and L Real Estate franchises. L Catterton invests in all major consumer segments, including: Food and Beverage, Retail and Restaurants, Beauty and Wellness, Fashion and Accessories, Consumer Products and Services, Consumer Health, and Media and Marketing Services, as well as real estate projects anchored by luxury retail. L Catterton’s investments include: Peloton, Restoration Hardware, CorePower Yoga, Sweaty Betty, Outback Steakhouse, Plum Organics, CHOPT Creative Salad Company, Mendocino Farms, Noodles & Company, PIADA, Hopdoddy, Vroom, Snap Kitchen, Frederic Fekkai, PIRCH, Build-A-Bear Workshop, Wellness pet food, Nature’s Variety pet food, Kettle Foods, Odwalla, P.F. Chang’s, Ba&sh, Sandro and Maje, CellularLine, Vicini / Zanotti, Cigierre, Gant, Nutrition and Sante, Pepe Jeans & Hackett, 2XU, Charles & Keith, Marubi, Bateel, Sasseur, Emperor Watch and Jewelry, Miami Design District and G6 in Ginza – Tokyo, to name a few.]]>