Pearson's Candy Company

Pearson's Candy Company
Company typePrivate company
IndustryConfectionery/Chocolate
Founded1909; 115 years ago (1909)
FounderP. Edward Pearson
Headquarters
Key people
Dan Lagermeier, CEO[1]
ProductsSee products section
Revenue$41,000,000
OwnerSpell Capital
Number of employees
145
Websitewww.pearsonscandy.com

Pearson's Candy Company is an American chocolate and confectionery manufacturer headquartered in Saint Paul, Minnesota. Founded as a confectionery distribution firm in 1909, the company began to manufacture its own products in 1912. Originally a family-owned company, Pearson's experienced changes in ownership, acquisitions and product alterations in the 1960s, 1970s and 1980s, before its most recent sale in November 2018 to Spell Capital, a Minneapolis private equity firm.[2]

Pearson's products are produced on five production lines in the company's Saint Paul plant. The company sells its Mint Patties and Salted Nut Roll nationally and its Nut Goodie and Bun Bars products in several Midwestern states. As of 2018, Pearson's was estimated to be the 42nd largest confectionery company in North America by revenue.[3]

  1. ^ Young, Jennifer (October 27, 2016). "MN's iconic candy company Pearson's launches new brand". KARE-TV (Tegna, Inc.). Retrieved November 17, 2018.
  2. ^ "Spell Capital Partners Announces Its Acquisition of Pearson Candy". November 2018.
  3. ^ Pacyniak, Bernie. "Sweet 60 2018: The top candy companies in North America". BNP Media. Archived from the original on 2018-07-19. Retrieved 2018-07-19.