M&A Deal Summary

Hershey Acquires The Allan Candy Co.

On December 4, 2014, Hershey acquired food company The Allan Candy Co. from Reichmann Hauer Captial Partners

Acquisition Highlights
  • This is Hershey’s 9th transaction in the Food sector.
  • This is Hershey’s 2nd transaction in Canada.
  • This is Hershey’s 1st transaction in Ontario.

M&A Deal Summary

Date 2014-12-04
Target The Allan Candy Co.
Sector Food
Buyer(s) Hershey
Sellers(s) Reichmann Hauer Captial Partners
Deal Type Add-on Acquisition

Target

The Allan Candy Co.

Mississauga, Ontario, Canada
The Allan Candy Co., Ltd. is a producer and distributor of chocolate confectionery products.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 9 of 18
Sector: Food M&A 9 of 18
Type: Add-on Acquisition M&A Deals 8 of 15
State: Ontario M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 Shanghai Golden Monkey Group Co.

Shanghai, China

Shanghai Golden Monkey Food Company, formerly known as Golden Monkey Group, was established in 1996. Staffed with more than 5,000 employees, with advanced equipment and technical expertise, the company has 10 sales regions supported by 15 sales branches with 130 sales offices throughout the country and has become a leading confectionery enterprise. Its product range includes Golden Monkey candy, chocolate, protein-based products, and snack foods.

Buy $584M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-13 Mauna Loa Macadamia Nut Co.

Keaau, Hawaii, United States

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

Sell -

Seller(S) 1

DESCRIPTION


DEAL STATS #
Overall 2 of 2
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-08 Black Photo

Toronto, Ontario, Canada

Black Photo Corp. is an online retailer of photography related products.

Sell $28M