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How the Ferrara Family Built a Sweet Empire Without Private Equity
Lucas and Luna explore the Ferrara family's journey from a small Italian bakery in Chicago to a $30 billion confectionery empire behind brands like Sour Patch Kids, Trolli, and Brach's. Discover how the family maintained ownership and culture for over a century, resisted private equity pressure, and finally sold to a strategic buyer in 2022. The episode dives into specific financial milestones, including the family's 2012 leveraged recapitalization with JPMorgan and their eventual sale to Mondelez for $2.8 billion.
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