October 19, 2012

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Utah Chocolate Makers Merge

Press Release

October 19, 2012

Two prominent regional chocolate producers have merged to create The Cacao Group, Inc. Utah Truffles of Salt Lake City and Amber Lyn Chocolates of St. George have completed merger negotiations and combined manufacturing facilities in Salt Lake City. The new entity’s facilities are located on Amelia Earhart Drive not far from Salt Lake International Airport. Combined sales of the new company are expected to exceed $4 million for 2012.

Utah Truffles is a well-known brand to Utah residents and its products are available in hundreds of locations throughout the state. Additionally the company’s Crev brand is sold in many locations outside of Utah.

Amber Lyn Chocolates of St. George specializes in sugar free Belgian Chocolate products. Amber Lyn products are sold throughout the US and in Japan, China, Malaysia, Australia and the Philippines. Prior to the merger, Amber Lyn was the fifth largest producer of premium quality sugar free chocolate confections in the country.

The merger creates many synergies as the two companies were, prior to the merger, closely aligned. Significant savings are being realized by combining manufacturing, accounting, sales and marketing functions. The company has just finalized an agreement with Cold Stone, Inc. to manufacture and market chocolate nationwide under the Cold Stone brand.

The company is in the process of locating new and larger facilities to accommodate its dramatic growth.

Utah Business Social
UB Events View All
Utah PR Spring ConferenceUtah Business Event
May 7, 2015
Join your colleagues from Utah Business along with PRSA & IABC for this important, 1-day event th...
30 Women to WatchUtah Business Event
May 21, 2015
Utah Business Magazine along with Snell & Wilmer are proud to announce the 16th annual 30 Women T...
CXO of the Year 2015Utah Business Event
Jun 25, 2015
Utah Business Magazine along with Stoel Rives - are proud to present the 2015 CXO of the Year Awa...
Community Events View All
JavaScript Level 1
Apr 21, 2015
JavaScript is an easy-to-learn scripting language supported by all popular Web browsers. Students...
How to Raise Money
Apr 22, 2015
Learn from the venture community what gets deals funded. Learn more and register at: https://www....

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel