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A box of Russell Stover candies. | Courtesy of Stephen Nesbit/Flickr

Russell Stover Owners Hire Goldman Sachs, Consider Sale



A box of Russell Stover candies. | Photo courtesy of Stephen Nesbit/Flickr
Photo courtesy of Stephen Nesbit/Flickr

The owners of Russell Stover Candies are considering selling the Kansas City-based business, as well as Whitman’s Candies.

The Ward family, which bought Russell Stover Candies in 1960 and has operated the company continuously since then, has hired investment banking firm Goldman Sachs to evaluate the company’s worth.

A spokesman said a sale is not imminent and that the move is “part of a strategy for what and how to grow the business.”

Read more from the Kansas City Star

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