Sour Strips acquired by The Hershey Company
The Hershey Company acquired Sour Strips, a US confectionery brand, on Nov 8, 2024.
Transaction summary
- Target
- Sour Strips
- Acquirer
- The Hershey Company
- Seller
- Actual Candy, LLC
- Announced
- -
- Geography
- United States
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-10-10
- Latest update
- 2026-10-11
Value and multiples
100% enterprise value
Undisclosed
Value not disclosed
Basis: FundComb estimate
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
-
Period not stated
Basis: FundComb estimate
EV / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Basis
- Enterprise value is unavailable.
Source summary
The Hershey Company 10-Q, filed 2026-07-30
ConfirmedAcquisition of Sour Strips by The Hershey Company.
Open sourceThe Hershey Company 10-Q, filed 2026-07-30
ConfirmedOn November 8, 2024, we completed the acquisition of the Sour Strips brand from Actual Candy, LLC. Sour Strips is an emerging sour candy brand and is available in a wide range of food distribution channels in the United States.
Open sourceThe Hershey Company 10-Q, filed 2026-07-30
ConfirmedOn November 8, 2024, we completed the acquisition of the Sour Strips brand from Actual Candy, LLC.
Open sourceContinue your research
Related transaction comps
LesserEvil acquired by The Hershey Company
2025-04-03 · Confirmed
View transaction → Same buyer / investorDot’s Pretzels, LLC and Pretzels, LLC d/b/a Pretzels Inc. acquired by The Hershey Company
2021-11-10 · Confirmed
View transaction → Same buyer / investorPirate Brands business (Pirate’s Booty, Smart Puffs and Original Tings) acquired by The Hershey Company
2018-09-12 · Confirmed
View transaction → Same buyer / investorAmplify Snack Brands, Inc. acquired by The Hershey Company
2017-12-18 · Confirmed
View transaction →