Fans of the iconic Necco Wafers will be excited and relieved to know that the candy has been saved! However, for a while, it did not look good, and all indications pointed to the possibility that the 117-year-old business would be closing its doors for good.
The hero of the hour is The Spangler Candy Company. A family-owned business, founded in 1906, is known for their Dum Dum lollipops, which garners them the title of the worlds biggest lollipop maker. And now, according to CEO Kirk Vashaw, they are adding the world famous Necco Wafers as well as Sweethearts to their impressive lineup.
When can you expect to see your favorite candies back on the shelf? According to Vashaw, Spangler has plans to reintroduce the sweet confections somewhere between 2019 and 2020. The reason being that their current facilities will need time to get up to date on food grade standards and regulations. Along with upgrades, there are plans to expand their 20-acre campus in order to accommodate the new product line.
The sale came about due to The New England Confectionery Co, former owners of the Necco Wafers and Sweethearts brand, having entered into a highly publicized bankruptcy. Although Spangler had announced as far back as June that it had acquired the confections, they failed to complete their purchase.
The properties were later sold to the investment firm of Round Hill Investments. Spangler is now the official owners of the candies, however, they have made no effort to disclose exactly who the properties were purchased from or the purchase price.
Round Hill announced on July 24th that they had indeed sold the properties, stating only that the buyers were a confectionary manufacturer. Adding that they had ceased all operations as of July 27th at the Necco factory itself.
Spangler offered that the properties, as well as manufacturing equipment, were obtained
“following a series of transactions precipitated by the New England Confectionary Company bankruptcy.”