US: Hershey acquires Allan Candy Company
Hershey has extended its manufacturing capacity in North America, as well as expanding its brand portfolio, through the acquisition of the Canadian confectionery firm Allan Candy.
Allan Candy owns brands including Allan, Big Foot, Hot Lips and Laces and more than half of its current manufacturing capacity is used to make Hershey Sweets & Refreshment products such as Jolly Rancher hard candy and Lancaster caramels for North America.
“The acquisition of Allan Candy extends Hershey’s ability to serve consumers across Canada by adding a number of iconic Canadian confectionery brands to our portfolio”, said Rohit Grover, Vice President Hershey Canada. “We are delighted to welcome Allan Candy to Hershey and continue working with them to make great-tasting, high-quality products for The Hershey Company as well as their popular branded products”.
With the purchase of Allan, Hershey obtains three confectionery manufacturing facilities in Canada, including Allan Candy’s 170,000 sq. ft. facility located in Granby.