The Hershey Company expands sweets portfolio with acquisition of Sour Strips
Acquiring Company
The Hershey Company
Acquired Company
Sour Strips
HersheyStaffordManufacturingFood and BeverageFood And BeverageHospitalityFood and BeverageDescription
The Hershey Company has acquired Sour Strips, a fast-growing sour candy brand that has enhanced Hershey's presence in the category and expanded its reach to new consumers for more snacking occasions. Founded in 2019 by social media personality Maxx Chewning, Sour Strips aims to invigorate the sour candy category with shockingly sour flavors and innovative branding.
Quick answer
The Hershey Company is acquiring Sour Strips, announced November 8, 2024. The Hershey Company is based in Hershey, Pennsylvania, United States.
- How much did The Hershey Company pay for Sour Strips?
- The deal value was not disclosed.
- What does The Hershey Company do?
- The Hershey Company (NYSE: HSY) is an industry-leading snacks company with a purpose to make more moments of goodness through its iconic brands.
- Where are The Hershey Company and Sour Strips based?
- The Hershey Company is based in Hershey, Pennsylvania, United States. Sour Strips is based in Stafford, Virginia, United States.
- Who are the decision-makers at The Hershey Company?
- Fundz holds 2 contacts at The Hershey Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Darden Restaurants Completes Acquisition of Chuy's Holdings, Inc. to Expand Restaurant Portfolio (October 11, 2024)
- Federal Signal completes acquisition of Standard Equipment Company to expand aftermarket growth strategy (October 7, 2024)
- Diageo North America acquires Ritual Zero Proof to expand leading position in non-alc spirits (September 25, 2024)
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Frequently asked
Who acquired Sour Strips?
Sour Strips was acquired by The Hershey Company, based in Hershey. The deal was reported on November 8, 2024. The Hershey Company (NYSE: HSY) is an industry-leading snacks company with a purpose to make more moments of goodness through its iconic brands. The Hershey Company is publicly traded (HSY) and operates in Manufacturing.
When did The Hershey Company acquire Sour Strips?
The Hershey Company's acquisition of Sour Strips was reported on November 8, 2024. The Hershey Company has acquired Sour Strips, a fast-growing sour candy brand that has enhanced Hershey's presence in the category and expanded its reach to new consumers for more snacking occasions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Sour Strips do?
Sour Strips is a fast-growing sour candy brand with a powerful social media presence. Founded in 2019 by social media personality Maxx Chewning, Sour Strips aims to invigorate the sour candy category with shockingly sour flavors and innovative branding. It is privately held, operating in Food and Beverage, and is based in Stafford.
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