Spangler Pays $18.83MM for Necco Wafers

Time reported that Spangler, a family-owned candy company that makes Dum Dum lollipops, outbid three rivals to purchase the bankrupt New England Confectionary Company, known for Necco wafers and Sweetheart Valentine candies.

According to Time, Spangler is mainly interested in Necco’s sugar-based candies. The future of Clark Bar, Skybar and Mary Jane peanut butter chews remains uncertain.

Spangler Pays $18.83MM for Necco Wafers

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