The Hershey Company Acquires ONE Brands

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.

The Hershey Company Acquires Sour Strips

November 8, 2024

Food & Beverage

The Hershey Company has acquired Sour Strips, the sour candy brand founded by Maxx Chewning in 2019. Chewning will remain with the brand to lead marketing and innovation as Hershey expands its sweets portfolio and reaches new, social-media-savvy consumers.

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.

Catalent Acquires Bettera Brands from Highlander Partners for $1 Billion

August 30, 2021

Food & Beverage

Catalent, Inc. agreed to acquire Bettera Holdings, LLC (Bettera Brands) from Highlander Partners for $1 billion. The acquisition expands Catalent's consumer health and nutraceutical manufacturing capabilities—adding Bettera's gummy, soft chew, and lozenge production capacity and approximately 500 employees across four U.S. facilities.

Mondelēz International Acquires Clif Bar & Company

August 1, 2022

Food & Beverage

Mondelēz International acquired Clif Bar & Company for $2.9 billion plus contingent consideration, closing the deal on August 1, 2022. The purchase brings the CLIF, LUNA and CLIF Kid brands into Mondelēz's portfolio, expanding its global snack bar business and strengthening its presence in the fast-growing health & wellness snacking segment.

Whole Earth Brands Acquires Wholesome Sweeteners

December 17, 2020

Food & Beverage

Whole Earth Brands, Inc. agreed to acquire all outstanding stock of WSO Investments, the holding company for Wholesome Sweeteners, for $180 million in cash plus up to $55 million in earnouts. The acquisition, expected to close in Q1 2021 subject to customary antitrust review, expands Whole Earth Brands' portfolio in organic and natural sweeteners and is expected to be immediately accretive to earnings.