date:Aug 29, 2019
US-based snacks manufacturer Hershey has signed a definitive agreement to acquire nutrition bars maker ONE Brands for $397m to further strengthen its position in the snacking segment.
ONE Brands will complement Hersheys Oatmega business, which is part of the Amplify Snack Brands acquired last year.
Hershey further plans to leverage its core capabilities in sales and distribution, category management and digital commerce in a bid to expand the existing offerings of ONE Brands.
Hershey chief gr