Confirmed Control Closed Transaction verified Snacks

Dot's Pretzels, LLC (Dot's) acquired by The Hershey Company

The Hershey Company acquired Dot's Pretzels, LLC (Dot's), a US snacks brand, on Dec 13, 2021.

Transaction summary

Target
Dot's Pretzels, LLC (Dot's)
Seller
-
Announced
-
Completed
2021-12-13
Geography
United States
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-11-08
Latest update
2026-11-08

Value and multiples

100% enterprise value

USD 894M

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

-

Period not stated

Basis: FundComb estimate

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Basis

  • Reported enterprise value: USD 894m.

Source summary

The Hershey Company 10-K, filed 2022-02-18

Confirmed

Acquisition of Dot's Pretzels, LLC (Dot's) by The Hershey Company.

Open source

The Hershey Company 10-K, filed 2022-02-18

Confirmed

Additionally, we completed the acquisition of Dot’s, previously a privately held company that produces and sells pretzels and other snack food products to retailers and distributors in the United States, with Dot’s Homestyle Pretzels snacks as its primary product.

Open source

The Hershey Company 10-K, filed 2022-02-18

Confirmed

Pretzels and Dot’s are expected to generate aggregate annualized net sales over $300 million.

Open source

The Hershey Company 10-K, filed 2022-02-18

Confirmed

In 2021, we spent an aggregate $1.6 billion to acquire Lily's (June 2021), as well as Dot’s and Pretzels (December 2021).

Open source

The Hershey Company 10-K, filed 2022-02-18

Confirmed

On December 13, 2021, we completed the acquisition of Dot’s Pretzels, LLC (“Dot’s”), previously a privately held company that produces and sells pretzels and other snack food products to retailers and distributors in the United States, with Dot’s Homestyle Pretzels snacks as its primary product.

Open source

The Hershey Company 10-K, filed 2022-02-18

Confirmed

On December 13, 2021, we completed the acquisition of Dot’s Pretzels, LLC

Open source

The Hershey Company 10-K, filed 2022-02-18

Confirmed

The initial cash consideration paid for Dot’s totaled $ 894,166 and consisted of cash on hand and short-term borrowings.

Open source

The Hershey Company 10-K, filed 2022-02-18

Confirmed

HERSHEY CO MPANY (Exact name of registrant as specified in its charter)

Open source

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