The Hershey

The Hershey Company is a prominent global confectionery manufacturer based in Hershey, Pennsylvania, known for its wide range of chocolates, sweets, and snacks. Founded in 1894, the company features over 80 well-known brands, including Hershey's, Reese's, Kit Kat, Jolly Rancher, and Ice Breakers. Hershey holds a significant share of the U.S. chocolate market, controlling approximately 36% of the domestic space. Its products are available in around 80 countries, though a majority of its sales originate from the United States. In addition to its core confectionery offerings, Hershey is actively seeking to diversify its portfolio by expanding into new snack categories, as seen with its acquisition of Amplify Snack Brands, which includes the popular Skinny Pop brand. The company continues to focus on increasing its presence in key international markets while enhancing its competitive edge in North America.

Steven Voskuil

CFO and Senior Vice President

27 past transactions

LesserEvil

Acquisition in 2025
LesserEvil LLC, established in 2004 and headquartered in Danbury, Connecticut, is a manufacturer specializing in healthier snack foods. The company initially offered potato-based puffs and flavored low-carb popcorns but refocused its mission under owner Charles Coristine in 2011 to provide genuinely healthier options. LesserEvil now produces organic, sustainably sourced snacks, prioritizing transparency and environmental responsibility. Its products are sold through U.S. stores and online platforms.

Sour Strips

Acquisition in 2024
Sour Strips is a firm with a loyal community of sugar addicts and candy enthusiasts.

Blue Stripes

Series B in 2024
Blue Stripes, headquartered in New York, is a unique coffee shop specializing in beverages, chocolates, and shakes. It offers an experiential retail concept, combining the goodness of cocoa with a distinctive customer experience. The company's innovative approach to chocolate production involves upcycling the whole cacao pod, preserving and utilizing previously wasted nutrient-rich parts, resulting in healthier chocolate products.

Keychain

Venture Round in 2024
Keychain is a CPG production platform that collaborates with retailers and brands to streamline and simplify the process of developing items that consumers adore.

Rob’s Backstage Popcorn

Series A in 2023
Rob’s Backstage Popcorn is a snacking brand.

Dot's Pretzels

Acquisition in 2021
Dot's Pretzels is a snack food manufacturer specializing in gourmet seasoned pretzels. The company offers a unique product line that features a proprietary seasoning blend, providing a distinct flavor that sets its pretzels apart from traditional snacks. These pretzels are available in various sizes and are distributed across North America, reaching consumers through grocery stores, convenience stores, and other retail channels. By focusing on quality and taste, Dot's Pretzels aims to provide a healthier snacking option for customers seeking flavorful alternatives.

Lily's Sweets

Acquisition in 2021
Lily's Sweets is a leading manufacturer of better-for-you chocolate and confectionery products, headquartered in Boulder, Colorado. The company offers a diverse range of delicious chocolate bars, baking bits, and baking bars, all featuring less than 1 gram of sugar per serving. Committed to health-conscious consumers, Lily's Sweets utilizes all-natural ingredients and plant-based sweeteners, ensuring that their products are calorie-free, gluten-free, and non-GMO verified. This focus on healthier alternatives positions Lily's Sweets as a prominent player in the national market for indulgent yet guilt-free treats.

Bonumose

Series B in 2021
Bonumose LLC, established in 2016 and based in Charlottesville, Virginia, specializes in producing innovative food ingredients aimed at providing healthier alternatives to traditional sugars. The company focuses on developing sugar substitutes, particularly tagatose and allulose, utilizing a proprietary enzymatic technology breakthrough created by Dr. Daniel Wichelecki. These alternatives address health issues such as diabetes, obesity, and tooth decay by being low-glycemic and non-cariogenic, thus supporting glycemic control and improved gut health. Bonumose aims to position itself among the most trusted manufacturers of food ingredients globally, driven by a commitment to ethical business practices and the wellness of consumers.

Quinn Snacks

Series D in 2020
Quinn Snacks is a developer of an online food ordering platform used to give people the choice to snack mindfully. Its platform offers a variety of flavored popcorn choosing real ingredients from trusted farmers and suppliers so the environmental impact can be lessened that enable users to shop for healthy snacks online. It was founded in 2010 and is headquartered in Boulder, Colorado.

ONE Brands

Acquisition in 2019
ONE Brands, LLC is a producer and marketer of low-sugar nutritional snack bars, founded in 1999 and headquartered in Charlotte, North Carolina. The company, which operates as a subsidiary of The Hershey Company, specializes in offering a range of protein bars that provide 20 grams of protein and only 1 gram of sugar per bar. All products are certified gluten-free and available in various flavors, including pumpkin pie, cinnamon roll, chocolate chip cookie dough, and white chocolate truffle. In addition to its core line of bars, ONE Brands also produces a sweetened variant called One Basix, which uses stevia as a sweetener. The company's products are distributed through retail partners across the United States and are also available via online platforms, catering to consumers seeking healthy and portable nutrition options.

Pirate Brands

Acquisition in 2018
Pirate Brands, LLC, previously known as Robert's American Gourmet Food, was founded in 1987 and is headquartered in Parsippany, New Jersey. The company specializes in manufacturing a variety of snack products, including cheese products like mac and cheese, puffs, and corn snacks. Pirate Brands markets its offerings through online platforms and retailers across the United States. In 2018, the company became a subsidiary of Amplify Snack Brands, Inc., further expanding its distribution and product reach.

Amplify Snack Brands

Acquisition in 2017
Amplify Snack Brands is a snack food company headquartered in Austin, Texas, specializing in the development, marketing, and distribution of better-for-you snack products. The company offers a diverse range of snacks, including ready-to-eat popcorn in various flavors such as original, white cheddar, and jalapeño, as well as kettle-cooked potato chips, vegetable crisps, and tortilla chips. Their brands, including SkinnyPop, Tyrrells, and Paqui, cater to health-conscious consumers with products made from non-GMO and major allergen-free ingredients. Amplify also provides protein-based snacks under the Oatmega and Oatmega Kids brand names, featuring protein bars and cookies in various flavors. The company sells its products through a variety of channels, including grocery stores, convenience stores, and online platforms, and has established a loyal customer base across North America. Founded in 2010, Amplify Snack Brands was previously known as TA Holdings 1, Inc. and became a subsidiary of The Hershey Company in 2018.

Ripple Brand Collective

Acquisition in 2016
At ripple brand collective we believe that sometimes it’s the simple ideas that make the largest impact. Driven by natural ingredients, unique product forms and inspirational packaging, we are committed to bringing innovative twists on traditional favorites to the marketplace.

KRAVE Jerky

Acquisition in 2015
KRAVE Jerky is a producer of culinary-style meat and protein snacks headquartered in Sonoma, California. Founded in 2009, the company aims to elevate the jerky experience by offering an all-natural alternative to traditional, processed products. KRAVE's offerings include jerky made from natural beef, pork, and turkey, as well as a variety of meat cuts, pork rinds, and plant-based jerky. The brand emphasizes premium flavor profiles and healthier attributes, setting itself apart in a category that has historically been dominated by less appealing options.

The Allan Candy Company

Acquisition in 2014
Allan Candy Company is a prominent Canadian manufacturer of confectionery products, recognized for its popular brands such as Allan, Big Foot, Hot Lips, and Laces. The company specializes in a diverse range of chocolate and sugar-based candies, offering an assortment that includes both soft and hard candies like gummies, jujubes, gum drops, and toffees. Additionally, Allan Candy produces mints, candy canes, solid and hollow chocolates, as well as seasonal confectionery items, catering to a wide variety of consumer preferences.

Shanghai Golden Monkey

Acquisition in 2013
Shanghai Golden Monkey Food Co., Ltd. is a prominent manufacturer and marketer of sweets and chocolates in China. Established in 1996 and based in Shanghai, the company offers a diverse range of products, including milk candies, chocolates, cocoa, dairy products, creamy candy, instant noodles, jellies, fruit milk, and chewing gum. Originally known as Henan Jisihou Group, it underwent significant restructuring in 2008, leading to its current name and the establishment of Shanghai Golden Monkey Food Group Co., Ltd. The company operates five core enterprises, including Zhoukou, Xianyang, and Shenyang Golden Monkey Food Co., Ltd., as well as Inner Mongolia Genghis Khan Dairy Co., Ltd. Additionally, it collaborates with over ten cooperative enterprises across various cities in China, enhancing its reach within the market. As of July 2018, Shanghai Golden Monkey Food Co., Ltd. functions as a subsidiary of Henan Yuxiang Food Technology Co., Ltd.

Tri-Us

Acquisition in 2012
Tri-Us, Inc. produces and markets natural protein shakes for athletes. It markets products online, as well as through retail shops in the United States.

Brookside Foods

Acquisition in 2011
Brookside Foods Ltd. is a privately held confectionery company located in Abbotsford, British Columbia. The company specializes in the production of chocolate products, particularly known for its unique chocolate-covered fruit juice pieces, nuts, and dried fruit. By focusing on innovative formulations, Brookside Foods has carved out a niche in the chocolate market, appealing to consumers seeking distinct flavors and combinations in their confections.

Van Houten (Singapore) Pte.

Acquisition in 2009
Van Houten (Singapore) Pte. Ltd. manufactures and markets consumer chocolate products.

Hershey India Pvt

Acquisition in 2007
Hershey India Pvt Ltd. manufactures and markets beverages, confectioneries, and syrups. It offers various flavored fruit drinks, pulps, nectars, purees, juices, and soymilks; flavored lollipops and candies; and chocolate and strawberry syrups.

Dagoba Organic Chocolates

Acquisition in 2006
Dagoba Organic Chocolate is a producer based in Ashland, Oregon, specializing in high-quality natural and organic chocolate products. The company offers a diverse range of items, including chocolate bars, hot chocolate, and baking products, catering to consumers who seek premium chocolate options. With a commitment to organic ingredients, Dagoba aims to deliver exceptional taste while promoting sustainable practices in the chocolate industry.

Joseph Schmidt Confections

Acquisition in 2005
Joseph Schmidt Confections was a San Francisco-based chocolatier, which created gourmet confections with imported Belgian chocolate.

Scharffen Berger Chocolate Maker

Acquisition in 2005
Scharffen Berger Chocolate Maker is a prominent producer of high-cacao-content dark chocolate and related confectioneries. The company sources cacao from various regions globally to create a diverse range of products, including fine baking chocolates, tasting bars, and cocoa powder. With a focus on rich textures and distinctive flavors, Scharffen Berger aims to deliver high-quality chocolate experiences to its customers.

Mauna Loa Macadamia Nut

Acquisition in 2004
Mauna Loa Macadamia Nut Corporation, established in 1946 and based in Keaau, Hawaii, is recognized as the world's largest processor of macadamia nuts. The company specializes in producing and selling a diverse range of macadamia nut products, including natural, flavored, and chocolate-covered varieties. Its offerings extend to boxed chocolates, snack bags, nut-based confections, and cookies, catering to various consumer preferences. Mauna Loa primarily distributes its products online across the United States. Originally known as Royal Iolani, the company adopted its current name in 1976 and became a subsidiary of Hawaiian Host, Inc. in 2015, following its previous ownership by The Hershey Company from 2004 to 2015.

Grupo Lorena

Acquisition in 2004
Grupo Lorena's leading products in Mexico and the United States include Pelon Pelo Rico(R) and Crayon(R).

Visagis

Acquisition in 2001
Visagis operates as a food manufacturer and marketer. Visagis primarily focuses on dessert type foods such as cakes.

Y&S Candies

Acquisition in 1977
Y&S Candies operates as the makers of Twizzlers licorice candies. Y&S Candies operates as a subsidiary of The Hershey Company.
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