Add-on Acquisition • Food

Hershey Acquires Y&S Candies

On January 1, 1997, Hershey acquired food company Y&S Candies

Acquisition Context
  • This is Hershey’s 1st transaction in the Food sector.
  • This is Hershey’s 1st transaction in the United States.
  • This is Hershey’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date January 1, 1997
Target Y&S Candies
Sector Food
Buyer(s) Hershey
Deal Type Add-on Acquisition

Target Company

Y&S Candies

Lancaster, Pennsylvania, United States
Y&S Candies, Inc. is a provider of food products services.
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Buyer Overview 1

Buyer

Hershey

Hershey, Pennsylvania, United States

Category Company
Founded 1894
Sector Food
Employees18,650
Revenue 11.2B USD (2024)
DESCRIPTION

Hershey is a producer of chocolate and sugar confectionery products; gum and mint refreshment products; and pantry items, such as baking ingredients, toppings and beverages. The company's five operating segments comprise geographic regions including the United States, Canada, Mexico, Brazil and other international locations, such as India, Korea, Japan, the Middle East, China and the Philippines. The Hershey was founded in 1894 and is based in Hershey, Pennsylvania.


Deal Context for Buyer #
Overall 1 of 18
Sector: Food 1 of 18
Type: Add-on Acquisition 1 of 15
State: Pennsylvania 1 of 1
Country: United States 1 of 14
Year: 1997 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-16 Mauna Loa Macadamia Nut Co.

Keaau, Hawaii, United States

Mauna Loa Macadamia Nut Co. is a provider of macadamia nut processor.

Buy $130M