The Hershey Company Acquires ONE Brands
September 23, 2019
The Hershey Company completed its acquisition of ONE Brands, LLC, a maker of low-sugar, high-protein nutrition bars, for $397 million (approximately $325 million net of tax benefits). The purchase expands Hershey's better-for-you snacking portfolio and is expected to be accretive to earnings in the first full year post-close.
- Buyers
- The Hershey Company
- Targets
- ONE Brands, LLC
- Sellers
- Cavu Venture Partners
- Industry
- Food & Beverage
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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