The Hershey Company

The Hershey Company is a global confectionery company that produces chocolates, candies, mints and other snacks. Its portfolio includes core brands such as Hershey's, Reese's, Kit Kat, Kisses, Jolly Rancher and Ice Breakers, and has broadened to include snacks like SkinnyPop and Pirate's Booty through acquisitions. The company operates in about 80 countries and is focused on growing its international presence while maintaining strength in North America. Founded in 1894 and headquartered in Hershey, Pennsylvania, the business has expanded beyond confectionery to diversify its offerings across multiple snack categories, currently featuring more than 100 brands. It has pursued inorganic growth to extend its reach beyond traditional chocolate into related snack segments.

Steven Voskuil

CFO and Senior Vice President

Past deals in Chocolate

Blue Stripes

Series B in 2024
Blue Stripes is a New York-based company focused on cacao-centric retail and confectionery. It operates a shop offering beverages, chocolates, and shakes, and emphasizes experiential retail that highlights cocoa and a unique customer experience. The business also produces chocolate products and related confectionery and aims to upcycle the entire cacao pod, preserving the nutrient-rich parts such as the shell and fruit through its processing to deliver healthier cacao products.

Lily's Sweets

Acquisition in 2021
Lily's Sweets is a manufacturer of chocolate and confectionery products based in Boulder, Colorado. The company is recognized as a market leader in better-for-you confections, offering a range of delicious chocolate bars, baking bits, and baking bars that contain less than 1 gram of sugar per serving. Lily's Sweets specializes in creating all-natural chocolate treats that are sweetened with plant-based, calorie-free sweeteners. This commitment to healthier ingredients ensures that their products are certified gluten-free and non-GMO verified, making them an appealing choice for health-conscious consumers. With a nationally distributed presence, Lily's Sweets continues to provide indulgent yet guilt-free options for chocolate lovers.

The Allan Candy Company

Acquisition in 2014
The Allan Candy Company is a prominent Canadian manufacturer of confectionery products, recognized for its iconic brands such as Allan, Big Foot, Hot Lips, and Laces. The company specializes in a diverse range of chocolate and sugar-based confections, including soft and hard candies like gummies, jujubes, gum drops, toffees, mints, and candy canes. Additionally, Allan Candy produces both solid and hollow chocolates, as well as seasonal confectionery items, catering to a wide audience and various market demands. With a strong reputation in the confectionery industry, Allan Candy continues to be a favorite among consumers in Canada.

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.

Brookside Foods

Acquisition in 2011
Brookside Foods Ltd. is a privately held confectionery company located in Abbotsford, British Columbia. It specializes in the manufacturing of chocolate products, particularly known for its unique chocolate-covered fruit juice pieces, nuts, and dried fruit. The company's innovative approach to chocolate confections has established it as a notable player in the chocolate industry, focusing on quality and distinctive flavors to appeal to a diverse consumer base.

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 Chocolate

Acquisition in 2006
Dagoba Organic Chocolate is a producer of organic chocolate and related products for the retail market. The company offers chocolate bars, hot chocolate, chocolate liquids and baking products, and is recognized for its high-quality natural and organic ingredients.

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, known for its distinctive flavors and premium quality. The company specializes in creating a diverse range of confectioneries, including fine baking chocolates, tasting bars, and cocoa powder, all made from carefully sourced cacao from around the world. Scharffen Berger emphasizes rich textures and complex flavor profiles in its products, catering to chocolate enthusiasts and culinary professionals alike. Through its commitment to quality and craftsmanship, the company has established itself as a leader in the artisanal chocolate market.

Mauna Loa Macadamia Nut

Acquisition in 2004
Mauna Loa Macadamia Nut Corporation, founded in 1946 and based in Keaau, Hawaii, is the world's largest processor of macadamia nuts. The company produces a variety of macadamia nut products, including natural, flavored, and chocolate-covered nuts, as well as nut-based confections, cookies, and snack bags. Mauna Loa sells its products online, distributing them throughout the United States. Originally named Royal Iolani, the company changed its name to Mauna Loa Macadamia Nut Corporation in 1976. It was a subsidiary of The Hershey Company from 2004 until 2015, when it was acquired by Hawaiian Host, Inc.

Visagis

Acquisition in 2001
Visagis operates as a food manufacturer and marketer. Visagis primarily focuses on dessert type foods such as cakes.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.