The pace of M&A activity in the food and beverage sector has trended much slower in 2024 compared to recent years, but several indicators suggest a pickup in activity.
Kaho is attracted to this industry due to its positive growth tailwinds, driven by the increasing diversity of the U.S. population and growing interest in authentic international flavors.
The Hershey Company announced it has entered into a definitive agreement to acquire Dot's Pretzels LLC, the owner of Dot's Homestyle Pretzels, the fastest-growing scale brand in the pretzel category.