Regal acquires Kisko, including Mr. Freeze brand
by CM Staff
Kisko is working to expand its portfolio of organic and alternative offerings, such as sugar-free and 100 per cent juice freeze pops, elevate its co-manufacturing capabilities, and pursue growth in Canada and the US.
MONTREAL — Regal Confections, a distributor of global candy and chocolate confectionery brands, has acquired Kisko Products.
Originating in Jamaica 45 years ago, Kisko now operates out of a 115,000 square foot facility in Woodbridge, Ontario, which houses the company’s office, production and warehouse operations.
The company is headed by the second generation of the founding Josephs family — Mark, Randy and Peter Josephs.
The company’s brands include Mr. Freeze, Kisko and Mrs. J’s Natural as well as licensed brands including Welch’s, Mott’s and Crush. Kisko stated it is working to expand its portfolio of organic and better-for-you offerings, such as sugar-free and 100 per cent juice freeze pops, elevate its co-manufacturing capabilities, and pursue growth in its two primary regions – Canada and the US.
“We are incredibly proud of the impact our company has had for over four decades, from creating fun and life-long memories for consumers to giving back to local communities. We are excited to partner with Regal to uphold our values and foster growth for our brand partners and customers, relying on Regal’s ~60 years of experience representing prestigious brands, manufacturing capabilities through their Chocolat Jean Talon division, and seasonal expertise.” said Mark Josephs, President of Kisko Products in a statement.
The company also stated that Canadian private equity firm Clearspring Capital Partners supported the transaction.
“This transaction is aligned with Clearspring’s strategy of helping market leaders become even more successful. There is tremendous fit between Regal and Kisko, including shared values, similar business models, counter-seasonality, and complementary product offerings that bring joy to millions across North America. Kisko’s penetration within the freeze pops industry is impressive and we look forward to providing capital and strategic support to expand the company’s presence in existing and new markets.” said Milap Choksey, Principal at Clearspring in a company statement.