J&J Snack Foods Acquires Dippin' Dots for $222 Million

The Hershey Company Acquires Dot's Pretzels and Pretzels Inc.

November 10, 2021

Food & Beverage

The Hershey Company entered into definitive agreements to acquire Dot's Pretzels LLC and Pretzels Inc., expanding its salty-snacking portfolio and pretzel manufacturing capabilities. The combined transaction is valued at approximately $1.2 billion (about $1.0 billion net of expected tax benefits) and is expected to close by the end of 2021, subject to customary regulatory approvals.

J&J Snack Foods Acquires Thinsters

April 9, 2024

Food & Beverage

J&J Snack Foods Corp. has acquired Thinsters, a Montclair, New Jersey-based cookie brand known for thin, crunchy cookies made with simple ingredients. The acquisition expands J&J Snack Foods' portfolio of cookies and baked goods and aims to leverage J&J's sales, marketing and distribution capabilities to grow the Thinsters brand.

Utz Brands Acquires Clem Snacks and J&D Snacks

January 24, 2022

Food & Beverage

Utz Brands, Inc. has entered into a definitive agreement for its subsidiaries to acquire the assets of two New York direct store delivery (DSD) distributors: Clem Snacks, Inc. (a Clem Companies subsidiary) and J&D Snacks, Inc. The purchases add approximately 125 DSD routes across New York City and Long Island, intended to accelerate Utz's share gains and expand its distribution and retailer support in the region; the transactions are expected to close in Q1 2022 with financial terms undisclosed.

Take-Two Interactive Acquires Playdots

August 18, 2020

Software

Take-Two Interactive has entered into a definitive agreement to acquire mobile games developer Playdots for $192 million, comprised of $90 million in cash and the remainder in newly issued Take-Two common stock. Playdots, a New York City–based studio known for Two Dots and other casual free-to-play titles, will remain led by CEO Nir Efrat and its ~70 employees following the closing, expected in Q3 2020.

PepsiCo Acquires poppi

May 19, 2025

Food & Beverage

PepsiCo has closed its acquisition of poppi, the prebiotic soda brand, for $1.95 billion (including $300 million of anticipated cash tax benefits), for a net purchase price of $1.65 billion. The deal also includes a performance-based earnout contingent on achieving certain performance metrics.

JTM Foods Acquires Cookies-n-Milk (CnM)

February 2, 2023

Food & Beverage

JTM Foods, LLC (dba JJ’s Bakery) has acquired Cookies-n-Milk (CnM), a family‑owned producer of edible cookie dough bites, individually wrapped cookies and brownies, donut holes and ready‑to‑bake frozen cookie doughs. Cookies‑n‑Milk operates a production facility in McKinney, Texas, and JTM said the acquisition strengthens its sweet goods portfolio and will leverage JTM's operations and sales capabilities to expand the edible cookie dough category nationally.