Kirkland & Ellis may have sated its appetite for M&A work—at least temporarily—by advising on a pair of food-related transactions this week.
On Wednesday, Kirkland said it is advising Ferrara Pan Candy Company Inc.—producer of such iconic treats as Lemonheads, Red Hots, and Atomic Fireballs—in a transaction that will see it combine with Round Lake, Minnesota–based sweets-making competitor Farley’s & Sathers Candy Company from private equity firm Catterton Partners. Farley’s brands include Jujyfruits, Now and Later, and Chuckles.
