Hershey’s Acquires North Dakota’s Dot’s Pretzels as part of a $1.2 billion deal
VELVA, ND – The Hershey Corporation announced Wednesday, November 10, that it has entered into an agreement to acquire Dot’s Homestyle Pretzels and Pretzels Inc. for $1.2 billion, according to MarketWatch.com And many other commercial publications.
Founder Dorothy “Dot” Henky launched the company from her kitchen in Velva, ND in 2012, after a relative asked her to make a batch of her own recipe pastries for her clients in Arizona.
Henke told attendees at the 1 Million Cups Fargo event in 2019, that “small town recipe, big flavor” was a hit.
Henke and her husband, Randy, began attending the Pride of Dakota shows and other trade shows. They eventually opened a production facility in their hometown of Felva. By 2015, they had opened a factory in Goodyear, Arizona, and in 2017 they had opened a facility in Lenexa, Kansas, because it was a central location for distribution.
Over time, the company introduced pretzel rub for meat and fish, Mr. Dot. Candy bars, turning what were once pretzel waste into money-making products. In 2020, they release Dot’s Southwest Seasoned Pretzels.
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