date:Dec 31, 2013
Brynwood Partners, a US-based private equity firm, has inked an agreement to divest its investment in DeMet's Candy to Yildiz Holdings for $221m.
DeMet's Candy manufactures and markets premium priced chocolate confection products under the Turtles, Treasures, and Flipz brands.
It employs around 200 people and operates two manufacturing facilities in the US.
The company has acquired all of the DeMet's brands from Nestl USA in separate transactions.
Brynwood Partners senior managing partner an