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Saturday, May 26, 2018

Saved In The NECCO Time! Bankrupt Candy Company Sold At Federal Auction

NECCOmaniacs, take heart!

The bankrupt New England Confectionery Co., primarily known for its chalky sugar wafers and Valentine's Day candy conversation hearts, received an $18.83 million winning bid from Ohio-based Spangler Candy Company, maker of Dum Dum lollipops and Circus Peanuts, at a federal bankruptcy auction in Boston on Wednesday.

And while the future of NECCO candy is still uncertain, the deal may keep the company's products — which also include Mary Janes, the Sky Bar and Candy Buttons — on the shelves a little while longer.

That's good news for fans of the 171-year-old Massachusetts candy maker, which traces its roots back to 1847, when Oliver Chase, an immigrant from England, invented a lozenge cutter (the first American candy machine, according to NECCO). He and his brother, Silas, then founded Chase and Co., which became the New England Confectionery Co. after a merger in 1901.

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5 comments:

Anonymous said...

The chocolate NECCO wafers are the best!

Anonymous said...

I agree 10:02!

Anonymous said...

Why didn't someone say skybar earlier. They're great. A buyer would have come forward. Not to many people care for NECCO but skybar that's different.

Anonymous said...

I wish that someone would bring back those sour cherry hard candies that came in a roll.

Anonymous said...

The chocolate ones were very good.I also liked the licorice'