The Hershey Company Acquires Sour Strips

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.

The Hershey Company Acquires LesserEvil

November 20, 2025

Consumer Products

The Hershey Company has completed its acquisition of LesserEvil, an organic snack brand known for popcorn and puffs made with better-for-you ingredients. The deal expands Hershey's better-for-you and salty snack portfolio while retaining LesserEvil's leadership team and brand positioning.

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

June 21, 2022

Food & Beverage

J&J Snack Foods Corp. agreed to acquire Dippin' Dots, L.L.C. (including the Doc Popcorn business) for $222 million, a transaction funded with cash and senior debt and expected to close in June 2022. The acquisition expands J&J's frozen novelty portfolio and production/distribution capacity, and closed on June 21, 2022.

Chocolate Works Acquires Moonstruck Chocolate Co.

June 30, 2022

Food & Beverage

Chocolate Works (Freeport, New York) acquired substantially all assets of Moonstruck Chocolate LLC (Portland, Oregon) for an undisclosed amount, closing in June 2022. The purchase gives Chocolate Works a West Coast presence and expands its branded and private-label chocolate manufacturing capabilities while preserving service for existing Moonstruck customers.

The J.M. Smucker Co. Acquires Hostess Brands

September 11, 2023

Food & Beverage

The J.M. Smucker Co. agreed to acquire Hostess Brands for approximately $5.6 billion including debt ( $34.25 per share in a cash-and-stock transaction), expanding Smucker's portfolio into sweet baked goods and convenience-store channels. The deal, completed Nov. 7, 2023, brings Hostess's iconic brands (Twinkies, HoHos, DingDongs, Voortman, etc.), manufacturing sites across North America and roughly 3,000 employees into Smucker's business.

Krystal Growth Partners Acquires Huer Foods

September 6, 2022

Food & Beverage

Krystal Growth Partners has completed the acquisition of Huer Foods Inc., a Langley, British Columbia-based packager and distributor of soft & chewy candy, from CEO and owner Ryan Storey. Krystal will partner with industry veteran John Frostad to support Huer's national growth and product development efforts across Canadian retail and online channels.