Snacks

The acquisition of Dot's and Pretzels Inc. will help Hershey Company grow its permissible salty snacks portfolio and create new snacking occasions. Pic: GettyImages/AbbieImages

Hershey knots up two pretzel majors in $1.2bn deal

By Gill Hyslop

The confectionery giant is expanding its footprint in the salty snacks scene with the acquisition of Dot’s Homestyle Pretzels and contract manufacturer Pretzels Inc, in a deal worth $1.2bn.

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