Hershey has completed the acquisition of The Allan Candy Company, a Canadian confectionery producer for an undisclosed amount.
The addition of Allan Candy's manufacturing capabilities and confectionery portfolio will enhance Hershey's North American business.
With this acquisition, Hershey operates three confectionery manufacturing facilities in Canada, including Allan Candy's 170,000ft2 facility located in Granby which is also a part of the current deal.
Hershey currently employs around 900 people in its Canadian operations.
Allan Candy offers a wide range of confectionery products under various brands including Allan, Big Foot, Hot Lips and Laces.
More than half of Allan Candy's current manufacturing capacity is used to make Hershey Sweets & Refreshment products such as Jolly Rancher hard candy and Lancaster caramels for North America.
Hershey Canada vice president Rohit Grover said: "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."
