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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 .
During the 1940s, the name of the company was officially changed to Russell Stover Candies. [7] When Russell Stover died in 1954, five days after his 66th birthday, the company that bore his name was producing 11 million pounds of candy annually and selling its products through 40 Russell Stover shops and in about 2,000 department stores. [5]
On July 14, 2014, Lindt bought Russell Stover Candies, maker of Whitman's Chocolate, for about $1 billion, the company's largest acquisition to date. [15] 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. [16]
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Stover sold his share of the business. He then formed the well-known chocolate manufacturer Russell Stover Candies. [6] Nelson became independently wealthy off the royalties from the sale of Eskimo Pies. In 1922, he was selling one million pies a day. [5]
Clara Mae Stover (1882–1975) was the wife of candy maker Russell Stover, and co-founder of Russell Stover Candies. A lifelong participant in the business, she ran the company for six years following Russell's death.
Atkinson Candy Company is a private company [1] founded in 1932 by B.E. Atkinson, Sr., and his wife, Mabel C. Atkinson. [2] It started when Basil E. Atkinson made two-day treks to Houston to purchase candy and tobacco, then he would sell it to mom-and-pop shops on the return trip.
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