The Hershey Company has entered into a definitive agreement to acquire ONE Brands, LLC, the maker of low-sugar, high-protein nutrition bars. The acquisition is expected to enable Hershey to provide a competitive offering in the nutrition bar category.

TreeHouse Foods, Inc. has entered into a definitive agreement to sell its snacks division to Atlas Holdings LLC of Greenwich, Conn. Atlas owns and operates 19 manufacturing and distribution businesses, which together employ more than 17,000 associates at more than 150 facilities worldwide. Atlas agreed to pay $90 million for the division, subject to closing adjustments.