M&A Deal Summary

The Hershey Acquires Brookside Foods

On January 19, 2012, The Hershey acquired food company Brookside Foods

Acquisition Highlights
  • This is The Hershey’s 7th transaction in the Food sector.
  • This is The Hershey’s 1st transaction in Canada.
  • This is The Hershey’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2012-01-19
Target Brookside Foods
Sector Food
Buyer(s) The Hershey
Deal Type Add-on Acquisition

Target

Brookside Foods

Abbotsford, British Columbia, Canada
Brookside Foods Ltd. is a producer and supplier of chocolates products.

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Buyer(S) 1

Buyer

The Hershey

Hershey, Pennsylvania, United States
Category Company
Founded 1894
Sector Food
Employees18,650
Revenue 11.2B USD (2023)
DESCRIPTION

The Hershey is a producer of chocolate in North America and a global leader in chocolate and sugar confectionery. The Company's principal product groups include chocolate and sugar confectionery products; gum and mint refreshment products; and pantry items, such as baking ingredients, toppings and beverages. Hershey'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 Company markets its products in approximately 60 countries worldwide. The Hershey was founded in 1894 and is based in Hershey, Pennsylvania.

DEAL STATS #
Overall 7 of 17
Sector (Food) 7 of 17
Type (Add-on Acquisition) 6 of 14
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-28 Van Houten Pte

Singapore, Singapore

Van Houten Singapore develops and markets popular consumer chocolate products throughout Asia. The Company was formed in 1990 and is based in Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 Shanghai Golden Monkey Group

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
Mergr

Product

Company

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