The company was founded in 1940 by Juan Eugenio Mayoral Renovales, Jorge Martín and Rafael Pou.

In the 1970s, the company experimented with a new lollipop that had candy stuffed with bubble gum and started marketing them in Spain.

The bubble gum-filled lollipop began to be manufactured in Puerto Rico by for the prestigious U.S. based Charms Company.

[18] Over 50 companies have shown interest in the sale, including some with the backing of KPMG, PricewaterhouseCoopers, Deloitte and Ernst & Young.

[19] In a "first-of-its-kind", the sale is being done via online purchase proposals; the court-appointed liquidator assures this provides transparency and fairness.

[20] Fiesta jelly beans and sticky swirl candies were used in scenes of the extraterrestrial TV series "V".