Pioneering CT chocolate company acquired by national, private equity-backed firm
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Foil-covered chocolates from Thompson Chocolate.
Meriden-based chocolatier Thompson Chocolate has been acquired by a national company, Chocolate Works, which is backed by a private equity investor.
Thompson became one of the first chocolate manufacturers in the United States when it was founded in 1879, according to a 2018 installment of U.S. Sen. Chris Murphy’s “Murphy’s Monday Manufacturer," which featured the company.
Thompson is known for producing foil-wrapped chocolate shapes, including gold coins, Easter bunnies and eggs, Santas and dreidels.
The company’s 120,000-square-foot manufacturing facility, located at 80 South Vine St.. The company reported employing over 100 people as of 2018.
The acquisition expands Chocolate Works’ private label and co-manufacturing production capabilities, according to an announcement from the company.
"We're incredibly excited to join forces with the Chocolate Works organization,” said Steve Gollob, CEO of Thompson. “This partnership enables us to continue delivering for our clients while expanding our offerings to include bars, truffles, cocoa bombs and enrobed chocolate snacks in a wide range of packaging formats."
The acquisition was facilitated by Insignia Capital Group, a private equity firm in Walnut Creek, California, which owns Chocolate Works.
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