In October 2012, Stillman Family Businesses (SFB), a private equity partnership, invested as the majority owner in Wolfgang Candy Company, adding the confectionery industry to their diverse management and ownership portfolio.
SFB was founded in 1969 by G. Patrick Stillman. From that time, the Stillman Family has invested in many businesses since their first purchase of a Dairy Queen franchise in Lancaster, PA. SFB consists of partners Michael Stillman, Robert Stillman, Suzan Ali and Pamela Loewen. The partnership has a long history of investing and leading a diverse portfolio of successful businesses. The SFB portfolio includes confectionery, organic grain mill manufacturing, agricultural / egg production, restaurants, auto auctions, fasteners, lodging, manufacturing of HVAC Ducts, and hot tub manufacturing and distribution. In addition, SFB through, Food Management Systems, Inc., a Lancaster, PA, corporation also provides management and financial services for various businesses across multiple industries.
All four partners of SFB are represented on the Wolfgang Candy Company Board of Directors.