Around the Region

Yankee Candle is said to be for sale

The company, founded in 1969, operates more than 500 retail stores,

Globe file Photo/2004

The company, founded in 1969, operates more than 500 retail stores,

Yankee Candle Co., the country’s largest maker of scented candles, is reportedly being prepared for a sale, about seven years after the South Deerfield company was purchased for $1.6 billion by a private equity firm.

Madison Dearborn Partners, a Chicago buyout firm, is working with Barclays and Bank of America Merrill Lynch on a sale process that is still in the early stages, according to a report published Tuesday by Reuters, which cited anonymous sources.


Officials at Yankee Candle and Madison Dearborn declined to comment.

The company reported that its net sales increased 7.4 percent in 2012, to about $844.2 million.

Globe staff

Jenn Abelson of the Globe Staff contributed to this story. She can be reached at Follow her on Twitter @jennabelson.
Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of