PepsiCo’s convenient foods division, Frito-Lay North America, renowned for its groundbreaking snack innovations like Cheetos Popcorn and Cheetos Mac N’ Cheese, introduces the next big thing in snacking: Cheetos Pretzels. Merging the distinctive cheesy flavor of Cheetos with the classic crunch of pretzels, this new creation promises to redefine the snack aisle. Tina Mahal on […]
CenterOak Partners has wrapped up the previously announced $207 million sale of Wetzel’s Pretzels to MTY Franchising USA, a fully-owned subsidiary of MTY Food Group. The deal was announced in November 2022. Based in Pasadena, California, Wetzel’s Pretzels is a franchisor and owner of quick service restaurants that belong to the soft pretzel segment. Its […]
US confectionery giant Hershey Company (Hershey’s) has agreed to acquire Dot’s Pretzels, the owner of Dot’s Homestyle Pretzels, and its partner manufacturer and distributor — Pretzels for nearly $1.2 billion. According to Hershey’s, Dot’s Pretzels is the perfect supplement to its expanding salty snacking range and could give it the opportunity to reach new consumers […]
Pretzels, a US manufacturer of pretzels and other snack products, revealed plans to build a production facility in VenturePark in Lawrence, Kansas. The new facility, which will be of 150,000sft, is expected to generate a considerable number of new jobs, besides ramping up Pretzels’ capacity across a variety of products and formats. Pretzels hopes to […]