Hershey is a North America-based chocolate company. Founded by Milton S. Hershey in 1894, Hershey is a public company, listed on the New York Stock Exchange as HSY. The head office for Hershey is located in Derry Township, Pennsylvania, USA. Hershey has a majority of its voting shares controlled by The Hershey Trust.
Twelve chocolate and cocoa companies, including Nestle, Mondelez International, Hershey last week announced plans to work together to "end d...
Hershey's 2016 results and 2017 outlook, issued on Friday (3 February), suggested both a stronger finish to the year than the preceding nine...
What impact could the 3D printing of food have on the sector? It's one of the most-discussed issues among product developers. While there are chefs experimenting with using 3D printing to customise dishes or add some automation to their kitchens, some of the food industry's packaged food giants are also looking closely at the technology. Mandy Kovacs, Poorna Rodrigo, Kitty So and Kathryn Wortley report.
Mondelez International, the owner of Cadbury, Milka and Toblerone, this week announced the end of its plans to gobble up another chocolate major, US-based group Hershey. Now the prospect of a US$23bn takeover is off the table, industry watchers are speculating about what could be on the horizon for both companies. Dean Best reports.
The Hershey Trust, which owns over 80% of the US confectioner's voting rights, has reached an agreement with the Pennsylvania Attorney General's office to settle concerns over its governance - and there could be consqeuences for Mondelez International's interest in the Reese's maker.
Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valued the Reese's Pieces maker at approximately US$22.83bn. Here is just-food's summary of what you need to know about the deal.
CSM Bakery Solutions came to life two years ago when Rhône Capital acquired the bakery supplies business of Dutch food and ingredients group CSM. At the time, Rhône Capital said it would invest in CSM's capacity to innovate and use its customer relationships to support global growth. Katy Askew spoke to CSM vice president of bakery products, Sebastian Siethoff, to find out more.
Hershey has become the latest major chocolate company to make a bold public commitment to sustainable cocoa. Andy McCormick, Hershey's vice president, cocoa sustainability, spoke with Ben Cooper about the company's 21st Century Cocoa Plan and its commitment to collective efforts to achieve a sustainable cocoa sector.
Hershey is to increase the production capacity of a factory in the US as part of the confectionery and snacks group's push to develop "more innovative" products.
Twelve chocolate and cocoa companies, including Nestle, Mondelez International, Hershey today (16 March) announced plans to work together to "end deforestation and forest degradation in the global cocoa supply chain", focusing initially on Côte d’Ivoire and Ghana.
Hershey has named former Mondelez International executive Mary Beth West its new chief growth officer.
Hershey has insisted "maintenance" work has led to the suspension of manufacturing at a plant it co-owns in China amid talk a dispute between the country and South Korea over US defence policy has led Beijing to order the factory stops production.
Commenting on topics as diverse as sugar reduction, job cuts and M&A, here is a summary of the food industry's week in its own words.
Hershey is to cut its global workforce by around 15% as part of a drive to save costs and make the confectionery giant more profitable.
New Hershey CEO Michele Buck has announced her leadership team - which is set to see the return of the role of chief growth officer at the confectionery giant.
Hershey today (3 February) reported underlying fourth-quarter earnings - and issued a forecast for its 2017 adjusted EPS - above Wall Street estimates.
Hershey has launched its "premium" chocolate brand Brookside in India.
Hershey has announced it will promote its chief operating officer, Michele Buck, to the post of CEO when John Bilbrey retires next year.
Hershey has launched its products on the French market for the first time, the US chocolate group's local distributor, Mediascore Food, has confirmed to just-food.
US chocolate group Hershey has raised its forecast for full-year earnings after booking an increase in third-quarter sales and profits.
Hershey has confirmed J.P. Bilbrey, the US confectionery giant's chairman, president and CEO, is to retire from the business next year.
J.P. Bilbrey, the chief executive of US chocolate giant Hershey, is preparing to stand down "by next summer", according to Reuters.
Hershey is entering the UK biscuit market with a Reese's-branded product through a tie-up with UK baker Lightbody Ventures.
Hershey is targeting demand in the US for different "tastes and textures" in the snacks they eat with a new bar containing cookie bits and "decadent" fillings.
US confectioner Hershey and its California-based chocolate arm Scharffen Berger are entering the online meal kit market in partnership with web-based retailer Chef'd, in what the firms said is a first for branded desserts.
Mondelez International has ended discussions with Hershey over a potential acquisition, the Cadbury owner has announced.
Hershey has again lowered its full-year sales forecast, citing macroeconomic conditions in China and a weaker outlook for the candy, mint and gum category in the US
A board member of the Hershey Trust has reportedly resigned in the wake of a takeover bid for the chocolate group from Mondelez International.
Hershey revealed today (30 June) its board has "unanimously rejected" a takeover approach from Mondelez International valuing the US chocolate company at US$107 per share.
Reports that Mondelez International has launched a takeover bid for Hershey sent shares in the US chocolate maker up by as much as 21% in morning trade in New York today (30 June).
Hershey made an unusual announcement today (20 September), sharing its own sales data for the last four weeks to assuage any possible investor concern over figures released by Nielsen.
US fans of British chocolate imports have taken to social media to vent their frustration after Hershey earlier this week reached a settlement with an importer to stop distributing British-made candy bars into the country.
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