"Frango is a perfect fit for our company's portfolio, aligning well with our strategy to preserve and grow iconic brands that have historic franchise value with a unique and storied past," said Lance Chody, owner and CEO of Garrett Brands, in a news release. "This is an exciting opportunity to expand the reach and offerings of the delicious Frango confections consumers know and love to more people in more places, just as we have done with our other brands."