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Russell Stover Chocolates, Inc. is an American manufacturer of candy, chocolate, and confections. Founded by Russell Stover , an American chemist and entrepreneur, and his wife Clara Stover in 1923, it is an independent subsidiary of Swiss chocolatier Lindt & Sprüngli .
Clara Stover operated the company until 1960, when it was sold to Louis Ward for $7.5 million. At the time of the purchase, Mr. Ward owned a box company that had Russell Stover Candies as an important customer. [8] The Ward family owned the brand until July 14, 2014, when the Swiss chocolate-maker Lindt bought Russell Stover Candies. At the ...
Louis Larrick Ward (November 18, 1919 - February 10, 1996) was an American businessman who successfully turned the Russell Stover Candies company into an international brand after purchasing the company in 1960.
In 1993, Pet sold the Whitman's brand to Russell Stover Candies, the major supplier of boxed candy in the United States. [5] In July 2014, Russell Stover was acquired by the international company Lindt & Sprüngli. [6] In 1984, Whitman's introduced its light chocolate.
On 14 July 2014, Lindt bought Russell Stover Candies, maker of Whitman's Chocolate, for about $1 billion, the company's largest acquisition to date. [17] Due to the 60% praline market share of Russel Stover, Lindt became the third largest chocolate company in North America, while also having a presence with its other brands. [18]
His first example provided a flashback to what Russell was doing at the time of the infamous low-speed police chase involving O.J. Simpson and the former NFL player’s white Bronco in June 1994.
The Stover Mansion (1924), with 25 rooms, five fireplaces and a ballroom, is among the largest that the J.C. Nichols Company built in Mission Hills, Kansas, originally for Frank E. Jones. The Stovers purchased it when Russell Stover Candies moved its headquarters to Kansas City in 1931. Photo by Tyner & Murphy, Kansas City, Mo.
Under the terms of Elvis Presley's will, Lisa Marie Presley inherited Graceland in 1993, when she turned 25, and was the sole owner until her death.