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WBEN Buffalo Business Report - Wednesday, December 23rd 2020

Fowlers Makes Acquisition

ACV Auctions has reportedly filed paperwork that will lead to an initial purchase offer. In October, ACV Auctions closed on $55 million in venture capital, as reported by Business First. It has raised an estimated $350 million in private funding since its founding in 2014.

Fowler's Chocolates Inc., has acquired Cheektowaga-based Wahl's Candies Inc.  Business First reporting that terms of the deal were not publicly disclosed.  However, documents filed with the Erie County Clerk note Fowler's paid $967,500 for Wahl's retail store and production center at 130 Losson Road.


BlueCross BlueShield of Western New York Blue Fund has announced $575,000 in grants to support several major health-based projects across Western New York, as the COVID-19 pandemic continues to have a profound impact on non-profit organizations.  BlueCross BlueShield Blue Fund has invested $1.7 million into the community in 2020.

Buffalo-based startup company HELIXintel has announced two key team members, President and Cofounder Dr. Michael Mainier and Director of Customer Success Brian Straka.