Regal Confections, a Canadian private label producer and distributor of candy and food products, has announced a new acquisition. The company has purchased Kisko Products, a leading freeze pop manufacturer in the country. Sweets and candy have seen increased sales during the pandemic.
Founded in Jamaica, Kisko operates out of a 115,000-square-foot facility in Woodbridge, Ontario, which houses the company's office, production and warehouse operations. The company produces owned brands Mr. Freeze, Kisko and Mrs. J's Natural, and licensed brands including Welch's, Mott's and Crush.
"We are incredibly proud of the impact our company has had for over four decades, from creating fun and life-long memories for consumers to giving back to local communities,” said Mark Josephs, president of Kisko Products. “ We are excited to partner with Regal to uphold our values and foster growth for our brand partners and customers, relying on Regal's ~60 years of experience representing prestigious brands, manufacturing capabilities through their Chocolat Jean Talon division, and seasonal expertise."
The transaction was supported by Clearspring Capital Partners, a leading Canadian private equity firm focused on growing mid-market companies, and Regal's other shareholders and banking partners. Kisko joins Regal’s portfolio of treats, which includes candy and chocolate confectionery products.
"Kisko and the Josephs family embody the Canadian entrepreneurial spirit,” said Hani Basile, president and CEO of Regal. “It is with respect, admiration and excitement that we come together. With Kisko, we balance out our important seasonal portfolio and we do so by joining forces with a family having strong values and a company that has mastered the art of brand building and product licensing. With Kisko, Regal will elevate its presence in the Spring & Summer season and strengthen its volumes and capabilities in the US.”