Jelly bean maker enjoys sweet smell of success

The operators of a gourmet jelly bean maker last year enjoyed the sweet smell of success with profits more than doubling to €2.27m.

Earlier this year, Scandinavian confectionery firm Cloetta acquired Aran Candy, owner of the Jelly Bean Factory brand, for €15.5m in cash.

Aran Candy was established by father and son, Peter and Richard Cullen in 1998 after they identified an opportunity in the European market for an American-style high quality jelly bean.

The firm produces and sells gourmet jelly beans, with the company exporting more than 96% of its production to 55 export markets around the globe.

Producing 12 million jelly beans a day, the company has between 10 to 15 core customers in Ireland, including Avoca and Tesco, and a further 120 clients outside the country.

The firm’s pre-tax profits last year increased by 127% going from €1m to €2.27m.

The company’s owners last year shared a dividend of €500,000 prior to this year’s sale.

The firm employs a staff of 70 at its facility in Blanchardstown, Co Dublin, with staff costs last year totalling €2.39m

Gross profit increased by 21% going from €3.89m to €4.72m.

Administrative expenses reduced from €2.85m to €2.42m contributing to the sharp rise in pre-tax profits.

Accumulated profits at the end of December last stood at €4.5m with shareholder funds totalling €5.4m.


My sister Gabriella always says that during sibling whispers all I ever wanted was to be on stage.This Much I Know: Man of many talents Mike Hanrahan

Columnist and trained counsellor Fiona Caine offers guidance to a woman whose husband is controlling and belittling her.Ask a counsellor: ‘My husband is so controlling – what do I do?’

Peter Dowdall branches out to take a look at the mountain ash or rowan.Rowan berries show us how nature is stocking its larder for winter

Friends and Young Offenders actors Shane Casey and Dominic MacHale speak to Pat Fitzpatrick about struggling to make it but why they are not seeking out fame.‘I was down to a euro’ - Watch The Young Offenders actors tell of struggle to make it in acting

More From The Irish Examiner