Hershey Expands Sweets Portfolio with Acquisition of Sour Strips Hershey recently acquired Sour Strips, a popular sour candy brand founded by Maxx Chewning in 2019. This strategic move aims to broaden Hershey’s sweets portfolio and tap into the growing demand…
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Expanding its reach beyond beer, Molson Coors has taken a majority ownership stake in Zoa, the energy brand founded by Dwayne “The Rock” Johnson. The financial details of the transaction were not disclosed. This acquisition grants Molson Coors influence over…
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Exciting News from Mondelēz International’s SnackFutures Ventures In a strategic move, SnackFutures Ventures, the corporate venture capital arm of Mondelēz International, has acquired a minority stake in Urban Legend, a rapidly growing fresh doughnut and pastry business based in the…
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Exciting News: John Paul DeJoria Acquires Waterloo Gin Brand Renowned billionaire and founder of Patrón Tequila, John Paul DeJoria, has recently made headlines by acquiring Waterloo Gin, a popular Texas-based gin brand. The acquisition, although undisclosed in terms of amount,…
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Dive Brief: Cal-Maine Foods, the largest egg producer in the U.S., recently made a significant move by acquiring ISE America, one of the top 25 egg producers, for $110 million in cash. This acquisition will grant Cal-Maine access to ISE’s…