BBX Capital Acquires Kencraft Candy

BBX Sweet Holdings, a wholly-owned subsidiary of BBX Capital Corporation ("BBX Capital") BBX, announced today that it has acquired the assets of Kencraft, Inc. "Kencraft Candy." Headquartered in a 50,000 square foot production facility in American Fork, near Salt Lake City, Utah, Kencraft Candy has a long history of manufacturing elegantly designed homemade hard candies in the USA. Established in 1969, Kencraft Candy is well known for their Lollipops, LolliKits, LolliLetters, Candy Sticks, Candy Canes, Bubblegum Buddies, Royal Icing Decorations, and Panoramic Sugar Easter Eggs. Kencraft Candy is recognized nationally and has customer distribution in numerous sales channels. "We are extremely excited to announce our most recent acquisition of Kencraft Candy," said Jarett Levan, President of BBX Capital and CEO of BBX Sweet Holdings. "As we focus on continuing to extend our reach into the confections industry, the acquisition of Kencraft Candy is a great strategic fit and expands our unique and growing number of product offerings in the confectionary category. Today's acquisition of Kencraft Candy provides us with the ability to deliver more product choices to our customers and consumers." Justin Boyle will continue his role as President of Kencraft Candy. "Combining our manufacturing capabilities and facility with BBX Sweet Holdings' sales and distribution network will position Kencraft Candy for the future," said Justin Boyle. "I am very excited to be a part of the BBX Sweet Holdings family and excited about the opportunities and resources that BBX Capital brings to Kencraft Candy." For further information about Kencraft or to place an order, please visit www.KencraftCandy.com.