Announced
Completed
Synopsis
The Hershey Company, a global confectionery that provides chocolates, sweets, mints, and other snacks around the world, completed the acquisition of two manufacturing plants of Weaver Popcorn Manufacturing, a food production company that produces popcorns. Financial terms were not disclosed. "In response to consumer snacking trends, we continue to evolve our supply chain, making significant investments in the size, scale and capabilities of our network, improving resiliency while we continue to strengthen existing supplier relationships. Our acquisition of Weaver's two facilities is a perfect example of how we're investing to bring added capacity and strength across our portfolio of brands well into the future," Jason Reiman, The Hershey Company Chief Supply Chain Officer.
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