Acquiring Company
Mondelēz
Acquired Company
The Hershey Company
HersheyManufacturingFood and BeverageFood And BeverageHospitalityDescription
Mondelēz International is reportedly exploring the acquisition of Hershey, a significant chocolate brand valued at $45 billion. If successful, this acquisition would create a mammoth food company with a combined sales value of nearly $50 billion, reshaping the landscape of the consumer packaged goods industry.
Quick answer
Mondelēz is acquiring The Hershey Company, announced December 9, 2024.
- How much did Mondelēz pay for The Hershey Company?
- The deal value was not disclosed.
- What does Mondelēz do?
- Lilak brings experience across multiple industries and is a two-time public-company chief human resources officer.
- Where are Mondelēz and The Hershey Company based?
- The Hershey Company is based in Hershey, Pennsylvania, United States.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and Food And Beverage
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Butterfly Equity completes $1.95 Billion Acquisition of The Duckhorn Portfolio, $1.9B (December 24, 2024)
- Day-Lee Foods, Inc. completes acquisition of B and D Foods, Mountain View Packaging, and Tamarack Foods (January 3, 2025)
- The Hershey Company expands sweets portfolio with acquisition of Sour Strips (November 8, 2024)
- Carmelo Abela Group acquires Macbake Ltd to enhance product range and service (January 19, 2025)
- PepsiCo completes acquisition of Siete Foods to expand its food portfolio and bring positive choices to more consumers (January 17, 2025)
- Flowers Foods, Inc. set to acquire Simple Mills to expand better-for-you snacking platform (January 8, 2025)
Who to call at Mondelēz, and when
When Mondelēz changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Mondelēz raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mondelēz, from your own LinkedIn network
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Frequently asked
Who acquired The Hershey Company?
The Hershey Company was acquired by Mondelēz. The deal was reported on December 9, 2024. Lilak brings experience across multiple industries and is a two-time public-company chief human resources officer. Mondelēz is privately held.
When did Mondelēz acquire The Hershey Company?
Mondelēz's acquisition of The Hershey Company was reported on December 9, 2024. Mondelēz International is reportedly exploring the acquisition of Hershey, a significant chocolate brand valued at $45 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
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. It is publicly traded (HSY), operating in Manufacturing, and is based in Hershey.
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