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Regal Confections acquires ice lolly maker Kisko
Rafaela Sousa

Rafaela Sousa

7 January 2022

Regal Confections acquires ice lolly maker Kisko

Canadian confectioner Regal Confections has acquired local ice lolly firm Kisko Products for an undisclosed sum. Founded in Jamaica in 1968, Kisko's owned brand portfolio includes Mr. Freeze, Kisko and Mrs. J's Natural, as well as licensed brands such as Welch's, Mott's and Crush. "We are excited to partner with Regal to uphold our values and foster growth for our brand partners and customers, relying on Regal's 60 years of experience representing prestigious brands, manufacturing capabilities through their Chocolat Jean-Talon division, and seasonal expertise," said Mark Josephs, president of Kisko. Regal's president and CEO, Hani Basile, added: "With Kisko, Regal will elevate its presence in the spring and summer season and strengthen its volumes and capabilities in the US". The deal was supported by Canadian private equity firm Clearspring Capital Partners and Regal's other shareholders and banking partners. Clearspring's principal, Milap Choksey, said: "There is a tremendous fit between Regal and Kisko, including shared values, similar business models, counter-seasonality, and complementary product offerings that bring joy to millions across North America. Kisko's penetration within the freeze pops industry is impressive and we look forward to providing capital and strategic support to expand the company's presence in existing and new markets."

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