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Hershey To Acquire Two Manufacturing Facilities From Weaver Popcorn Manufacturing

PUBLIC · HSYApr 17, 2023

Acquiring Company

The Hershey Company

Acquired Company

Two Manufacturing Facilities

HersheyManufacturingFood and BeverageFood And BeverageHospitality

Description

The Hershey Company (NYSE: HSY) today announced it has entered into a definitive agreement to acquire two manufacturing plants from Weaver Popcorn Manufacturing, a recognized leader in popcorn production and co-packing, and a co-manufacturer of Hershey's SkinnyPop brand. Through the deal, Hershey will acquire Weaver's operations in Bethlehem, Pennsylvania and Whitestown, Indiana.

Quick answer

The Hershey Company is acquiring Two Manufacturing Facilities, announced April 17, 2023. The Hershey Company is based in Hershey, Pennsylvania, United States.

How much did The Hershey Company pay for Two Manufacturing Facilities?
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 Two Manufacturing Facilities based?
The Hershey Company is based in Hershey, Pennsylvania, 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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Company Information

Company

The Hershey Company

Location

Hershey, Pennsylvania, United States

About

The Hershey Company (NYSE: HSY) is an industry-leading snacks company with a purpose to make more moments of goodness through its iconic brands. With more than 20,000 remarkable employees worldwide, Hershey delivers delicious, high-quality products across approximately 70 countries, generating over $11.2 billion in annual revenues. The company's portfolio includes beloved chocolate and confectionery brands such as Hershey's, Reese's, Kisses, Kit Kat®, Jolly Rancher, Ice Breakers, Shaq-a-licious alongside popular salty snacks including SkinnyPop and Dot's Homestyle Pretzels.

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Frequently asked

Who acquired Two Manufacturing Facilities?

Two Manufacturing Facilities was acquired by The Hershey Company, based in Hershey. The deal was reported on April 17, 2023. 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 Two Manufacturing Facilities?

The Hershey Company's acquisition of Two Manufacturing Facilities was reported on April 17, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Two Manufacturing Facilities do?

Two Manufacturing Facilities is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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