J&J Snack Foods closes $222M acquisition of Dippin’ Dots

Pennsauken-based J&J Snack Foods Corp. on Tuesday said it closed on the previously announced acquisition of Dippin’ Dots, which also includes the Doc Popcorn business, for $222 million.

“This is a significant day for J&J Snack Foods as we close the largest acquisition in our company’s 50-plus-year history,” Dan Fachner, CEO and president at J&J Snack Foods, said. “We look forward to leveraging our combined strength in entertainment and amusement locations, theaters and convenience to continue to expand this iconic business.”

Dippin’ Dots, based in Paducah, Kentucky, sells its unique “beaded” ice cream, yogurt, sherbet and flavored ice products to millions of consumers through national accounts, local accounts and a franchise network with more than 140 franchisees.