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  6. Hershey Acquires LesserEvil

M&A Deal Summary

Hershey Acquires LesserEvil

On April 3, 2025, Hershey acquired food company LesserEvil

Acquisition Highlights
  • This is Hershey’s 18th transaction in the Food sector.
  • This is Hershey’s 14th transaction in the United States.
  • This is Hershey’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2025-04-03
Target LesserEvil
Sector Food
Buyer(s) Hershey
Deal Type Add-on Acquisition

Target

LesserEvil

Danbury, Connecticut, United States
LesserEvil is a producer of organic popcorn, grain-free organic puffs, grain-free egg white curls, keto-certified mini cookies, and veggie sticks lines. LesserEvil is based in Danbury, Connecticut.

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Buyer(S) 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 STATS #
Overall 18 of 18
Sector: Food M&A 18 of 18
Type: Add-on Acquisition M&A Deals 15 of 15
State: Connecticut M&A 1 of 1
Country: United States M&A 14 of 14
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-08 Sour Strips

Stafford, Texas, United States

Sour Strips is a brand of sour candy that specializes in delivering an intense, bold, and flavorful experience for sour candy enthusiasts. Sour Strips was founded in 2019 and is based in Stafford, Texas.

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