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St. Paul’s Pearson Candy Company Sold

I don’t know if you heard the news this week but a private equity firm in Connecticut, “said Monday that it has acquired St. Paul-based Pearson Candy Co., the 101-year-old manufacturer of Pearson’s Salted Nut Roll, Mint Patties, Bun bars and Nut Goodie bars.”

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The new owner plans to keep the St. Paul plant operating in the spot it’s occupied for 102 years, and has hired a Dairy Queen executive to run the company. Pearson’s current owner and CEO Larry Hassler started looking for a buyer last year. On Tuesday, Hassler spoke with Minnesota Public Radio.

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