Hershey takes control of Indian venture

Hershey takes control of Indian venture

After months of speculation, Hershey is to buy out its partner in India, taking control of a loss-making business that so far has struggled to make headway in the fast-growing market.

US/INDIA: Hershey to buy out Indian partner Godrej

7 September 2012

Hershey today (7 September) announced a deal to take full control of its Indian venture, which has been the subject of speculation for months.

INDIA: Godrej confirms Hershey JV under scrutiny

13 August 2012

Indian group Godrej Industries has admitted it could sell its stake in its local venture with Hershey, a business it described as "potentially sick".

INDIA: Hershey insists India "key" amid Godrej sale talk

19 June 2012

US confectionery giant Hershey has insisted that India remains a "key focus market" amid local reports that it is close to ending its five-year partnership deal with Godrej Group.

On the money: Hershey CEO coy on India JV amid overseas ambitions

26 July 2011

Hershey's new president and CEO John Bilbrey today (26 July) outlined his confidence in the US confectioner's overseas operations but was coy about the future of its Indian joint venture.

INDIA/US: Godrej, Hershey JV "will continue"

7 July 2011

The uncertainty around Hershey's venture in India has continued with its partner in the country reportedly insisting the business will continue to operate.

INDIA/US: Godrej silent on talk of end to Hershey venture

6 July 2011

Indian conglomerate Godrej has refused to be drawn on reports that its local venture with US confectioner Hershey has come to an end.

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Hershey takes control of Indian venture

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