M&A Deal Summary

The Hershey Acquires Dagoba Organic Chocolate

On October 19, 2006, The Hershey acquired food company Dagoba Organic Chocolate

Acquisition Highlights
  • This is The Hershey’s 5th transaction in the Food sector.
  • This is The Hershey’s 5th transaction in the United States.
  • This is The Hershey’s 1st transaction in Oregon.

M&A Deal Summary
Date 2006-10-19
Target Dagoba Organic Chocolate
Sector Food
Buyer(s) The Hershey
Deal Type Add-on Acquisition

Target

Dagoba Organic Chocolate

Ashland, Oregon, United States
Dagoba Organic Chocolate LLC is a producer of high-quality natural and organic chocolate bars, hot chocolate and chocolate-covered coffee beans sold in natural foods outlets and gourmet stores. Dagoba was formed in 2001 and is based in Ashland, Oregon.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

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 5 of 17
Sector (Food) 5 of 17
Type (Add-on Acquisition) 5 of 14
State (Oregon) 1 of 1
Country (United States) 5 of 13
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-15 Joseph Schmidt Confections

San Francisco, California, United States

Joseph Schmidt Confections, Inc. is a premium chocolate maker. Joseph Schmidt is known for its artistic and innovative truffles, colorful chocolate mosaics, specialty cookies, and handcrafted chocolates presented in distinctive packaging. These products are sold in select department stores and other specialty outlets nationwide as well as in Joseph Schmidt's stores located in San Jose and San Francisco.

Buy -
FOLLOWING 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 -
Mergr

Product

Company

Legal