BBX acquires It'Sugar

摘要

BBX Capital Corporation has acquired It'Sugar, LLC, for a purchase price of approximately $57 million. Headquartered in Deerfield Beach, Florida, It'Sugar is a large specialty confectionery retailer and has 95 locations in 26 states and Washington, DC. BBX Capital's investment in It'Sugar represents 93 percent of It'Sugar s membership interests. Jeff Rubin, It'Sugar's founder and chief executive officer, will remain in his current position.