Necco - Articles - Page 2 | Snack Food & Wholesale Bakery

Union Confectionery Machinery selling NECCO equipment, intellectual property

Necco wafers, Sweethearts, Canada Mints not for sale.

July 31, 2018

Union Confectionery Machinery has been tapped by a third-party buyer to sell assets from New England Confectionery Co. (NECCO) after the company abruptly closed last week.

Report: NECCO plant shuts down after investment firm sells company to unnamed manufacturer

Round Hill Investments purchased NECCO in May.

Alyse Thompson

July 26, 2018

The New England Confectionery Co. (NECCO) plant in Revere, Mass. shut its doors Tuesday after its recent buyer, Round Hill Investments, LLC, announced it has sold the company to another candy maker.

Metropoulos family-owned firm acquires NECCO after Spangler deal falls through

Round Hill Investments purchases NECCO for $17.3 million.

Christian Metzger

June 5, 2018

Round Hill Investments acquired New England Confectionery Co. (NECCO) for $17.3 million in a sale that closed Thursday.

Spangler Candy Co. acquires NECCO assets

Massachusetts bankruptcy judge gives nod to lollipop company's $18.83-million bid despite previous negotiations with Boston investment firm.

Alyse Thompson

May 30, 2018

The move prevented a previous attempt by a Boston investment firm to buy the embattled confectionery company. The Spangler purchase was scheduled to close May 25.

NECCO set for bankruptcy auction

Massachusetts bankruptcy judge sets auction for May 23 despite purchase negotiations with Boston investment firm.

Alyse Thompson

May 8, 2018

The New England Confectionery Co. — NECCO — is headed to auction after a failed attempt by a Boston investment firm to buy the embattled confectionery company.

Former ceo launches fundraising effort to save NECCO

Massachusetts company faces layoffs if it doesn’t find a buyer.

Alyse Thompson

April 18, 2018

A past president and ceo of New England Confectionery Co. (NECCO) has launched an initiative to save the Revere, Mass.-based manufacturer, which faces laying off nearly 400 employees if it doesn’t find a buyer.

Candystore.com sees NECCO wafer sales boom after news of potential layoffs breaks

Sales of NECCO wafers went up 63 percent.

Alyse Thompson

April 11, 2018

Online bulk candy retailer Candystore.com says it has seen a boom in NECCO wafer sales after Revere, Mass.-based New England Confectionery Co. announced in March it could face major layoffs and possible closure if it doesn’t find a buyer.

NECCO seeking buyer, facing major layoffs

Massachusetts-based company could lay off 395 employees if the company is not sold by May 6.

Alyse Thompson

March 28, 2018

The Boston Globe, the Shelby Report and other sources reported NECCO CEO Michael McGee told Massachusetts and Revere officials in a March 6 letter that the 171-year-old company has been in negotiations with potential buyers.