The Hershey Company has completed the purchase of The Allan Candy Company, a leading North American manufacturer of quality confectionery products based in Ontario, Canada.
Allan Candy is well known across Canada for its iconic confectionery brands, including Allan, Big Foot, Hot Lips and Laces. Allan Candy is also a leader in the Canadian Easter novelty chocolate segment and the Canadian Candy Cane market. 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.
“The addition of Allan Candy’s high-quality manufacturing capabilities and confectionery portfolio greatly enhances our North American business,” said Steven Schiller, Senior Vice President, Global Sweets & Refreshment. “Allan has been a long-standing sweets manufacturing partner that will strengthen our sales and profit performance.”
The acquisition of Allan Candy builds on The Hershey Company’s long-standing business in Canada and its commitment to the Canadian market. In 2011, The Hershey Company acquired British Columbia-based Brookside which today is its sixth global brand alongside Hershey’s, Kisses, Reese’s, Jolly Rancher and Ice Breakers. With the purchase of Allan, Hershey operates three confectionery manufacturing facilities in Canada, including Allan Candy’s 170,000 sq. ft. facility located in Granby, Canada, which is part of the acquisition. Hershey’s operations in Canada now total approximately 900 employees across the country who work in the company’s second largest sales market in the world.
“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.”
© FoodBev Media Ltd 2022
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.