Hershey completes acquisition of LesserEvil
The Hershey Company has closed its acquisition of LesserEvil, the maker of organic snacks.
This acquisition expands the variety of snacking choices Hershey can offer consumers, adding a high-growth brand that complements the company's existing portfolio and brings additional manufacturing capacity.
"The addition of LesserEvil expands our portfolio of loved brands to meet growing consumer needs and occasions," said Kirk Tanner, president and CEO, The Hershey Company. "Through strategic investments and product innovation, we're delivering more of what consumers want in their lives—from better-for-you options to indulgent treats. Building on our 130-year legacy, we're charting the next generation of growth to lead the future of snacking."
"At LesserEvil, our mission has always been to create delicious, organic snacks that inspire mindful snacking," said Charles Cortistine, chief executive officer, LesserEvil. "We're excited to join Hershey, a company aligned with our values and our commitment to quality and community. This partnership will empower us to grow our vibrant culture, expand our reach to new consumers, and make an even greater impact together."
LesserEvil’s products include organic popcorn and puffs and compliment Hershey's confection brands like Hershey's, Reese's, and Jolly Ranchers, as well as its growing salty snack brands, including SkinnyPop, Dot's Homestyle Pretzels, and Pirate's Booty.
The LesserEvil leadership team will remain with the company to continue to drive its commercial model, speed-to-market capabilities, and manufacturing operations. The combined teams will focus on delivering category-leading growth and provide elevated category insights to deliver the right products, in the right places, and at the right time for consumers.
The acquisition will also prioritize the continued production of LesserEvil products with the same high-quality organic ingredients consumers have come to love and trust.
