Russell Stover

Russell Stover is an American confectionery manufacturer founded in Denver in 1923 by Clara and Russell Stover. Now headquartered in Kansas City with major plants across the Midwest and Texas, it produces boxed chocolates under its own name plus Whitman’s and Pangburn’s brands. Acquired by Swiss chocolatier Lindt & Sprüngli for $1.6 billion in July 2014, it remains active but has no involvement with life sciences or healthcare beyond producing sugar-free candies for general consumers—including those seeking alternatives due to diabetes or weight management needs. It does not operate within biotech/pharma/CRO/CDMO sectors nor have any drug development programs or clinical pipeline activity.