Caravelle International Group, Inc. is a global confectionery and snack food company focused on the manufacture, marketing and distribution of gummy, marshmallow and specialty confections. Through its proprietary brands and private‐label programs, Caravelle produces a wide variety of sugar‐coated gummies, sour candies, liquor‐flavored gummy treats and marshmallow products. The company’s product portfolio is designed to meet the needs of warehouse club operators, discount retailers, grocery chains and specialty food customers across North America and in select international markets.
Caravelle’s operating platform spans the full value chain, from ingredient sourcing and in‐house manufacturing to finished‐goods packaging and logistics. The company maintains production facilities strategically located in the United States and Southeast Asia, leveraging cost efficiencies and proximity to key retailers. Caravelle’s end‐to‐end capabilities allow it to manage product development, quality control and regulatory compliance while meeting the volume and delivery requirements of large‐scale retail partners.
Founded in the late 1980s and headquartered in the Chicago metropolitan area, Caravelle International Group has grown through organic expansion and targeted acquisitions. Over the years, it has diversified its geographic reach to serve customers in Canada, Mexico, Europe and Asia. In December 2020, Caravelle completed its transition to a publicly traded company through a merger with a special purpose acquisition vehicle, bringing greater visibility to its strategy of broadening product offerings and expanding into new channels such as e-commerce and foodservice.
Caravelle is led by a senior management team with decades of experience in the consumer packaged goods and confectionery industries. The executive leadership group is supported by an independent board of directors drawn from manufacturing, retail and finance backgrounds. Under this governance framework, Caravelle continues to pursue growth through innovation, strategic partnerships and disciplined cost management while maintaining a focus on product quality and customer service.
AI Generated. May Contain Errors.
Free CACO Stock Alerts