DeMet's Candy Company is a food company based in Connecticut, United States. It is a wholly owned subsidiary of Yıldız Holding. History DeMet's started in 1898 as a candy store business and soda fountain shop by George DeMet of Chicago — subsequently creating Turtles candies. After a series of mergers and acquisitions, DeMet’s was purchased by Nestlé in 1988. In 2007, Signature Snacks, acquired the DeMet’s brand from Nestlé. Former Nestlé USA executive Hendrik Hartong III is chairman of the company. In 2007, Brynwood Partners bought the "Turtles" brand from Nestle USA Inc., acquiring at the same time the Turtles production facility in Toronto, Canada — merging the acquisition with a company it owned at the time, Signature Snacks Company. Subsequently, Brynwood consolidated its portfolio of confectionery acquisitions, which included Stixx, Flipz chocolate covered pretzels, Treasures, and Turtles, resurrecting the dormant DeMet's Candy Company name. DeMet's acquired the TrueNorth brand of nut snacks from Frito-Lay in 2010 but sold it to B&G Foods in 2013. In 2013, Brynwood sold the company to Yıldız Holding. See also Stixx Flipz References External links Multinational companies Private equity portfolio companies Biscuit brands Companies based in Stamford, Connecticut Bakeries of the United States American subsidiaries of foreign companies Yıldız Holding Food and drink companies established in 1898 1898 establishments in Illinois 1988 mergers and acquisitions 2007 mergers and acquisitions 2013 mergers and acquisitions Food manufacturers of the United States