Food & Beverage Acquisitions in North Dakota
Showing 1 transactions.
-
November 10, 2021
- Buyer
- The Hershey Company
- Target
- Dot's Pretzels LLC, Pretzels Inc.
- Seller
- Dot's Pretzels LLC, an affiliate of Peak Rock Capital
- Industry
- Food & Beverage
- Location
- North Dakota, United States
- Type
- Buyout
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.