Hershey

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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.

Latest Insights

Why latest Tyrrells takeover is no major surprise

UK-based savoury snacks business Tyrrells is getting its third owner in two years - but the latest deal is no surprise, writes Dean Best....

Why 2018 promises to be buoyant year for food M&A

The final days of 2017 saw a flurry of transactions in the international food sector, bringing to an end an active year of deal-making. This...


Andy Coyne | 19 Dec 2017

Andy Coyne looks at the US confectionery giant's latest move to broaden its portfolio and weighs up reaction to the deal.


Ben Cooper | 15 Sep 2017

A new report from US non-profit Ceres looking at how food manufacturers are addressing water risks points to improvement among some companies but finds many others to be worryingly off the pace. Ben Cooper reports.


Ben Cooper | 23 Mar 2017

Twelve chocolate and cocoa companies, including Nestle, Mondelez International, Hershey last week 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. Ben Cooper speaks to industry and campaign representatives to set out what that plan could look like.


Dean Best | 7 Feb 2017

Hershey's 2016 results and 2017 outlook, issued on Friday (3 February), suggested both a stronger finish to the year than the preceding nine months had suggested and confidence on this year's earnings above that seen on Wall Street. Nevertheless, analysts still had questions on Hershey's earnings expectations, on its performance in China and on its plans for its cost structure. Dean Best reports.

Latest Interviews

Katy Askew | 22 Oct 2015

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. 


Ben Cooper | 3 Apr 2013

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.

Latest News

Simon Harvey | 17 May 2018

Germany's Intersnack is acquiring Hershey's UK-based crisps business Tyrrells for an undisclosed sum, with ambitions to grow sales across international markets.


Andy Coyne | 8 May 2018

US investment firm Highlander Partners has acquired a portfolio of ten well-known confectionery brands, including Milk Duds and Jolly Rancher.


Dean Best | 27 Apr 2018

Hershey is weighing up the future of the non-US operations of its recently-acquired US snacks business Amplify Snack Brands.


Andy Coyne | 13 Apr 2018

Singapore-based confectioner Delfi has entered into an agreement with peer Hershey and chocolate and cocoa manufacturer Barry Callebaut which will see it acquire the regional licence for the Van Houten chocolate and cocoa products brand.


Simon Harvey | 3 Apr 2018

US confectionery giant Hershey has announced its 'Cocoa For Good' strategy, a holistic approach to sustaining supply and supporting vulnerable communities and ecosystems.


Simon Harvey | 20 Mar 2018

Environmental pressure group Greenpeace International says some global food companies such as Kraft Heinz, Kellogg, Ferrero and J.M. Smucker are failing to disclose their sources of palm oil despite an initiative to clamp down on deforestation by producers before the end of the decade.


Andy Coyne | 20 Mar 2018

Hershey has been linked with selling off Tyrrells, the UK crisps business it inherited when it acquired US group Amplify Snack Brands in December.


Dean Best | 12 Mar 2018

Hershey has started work expanding a factory in the US that manufactures KitKat to which the company holds the brand licence in the country.


Simon Harvey | 2 Feb 2018

Hershey is standing by its long-term target for underlying sales to grow by 2-4% each year after the largest confectionery producer in the US reported pressure on its top line in 2017 and forecast muted growth in 2018.


just-food.com | 2 Feb 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.


Simon Harvey | 11 Jan 2018

A potential deal of around US$2.5bn to buy Swiss food giant Nestle's US confectionery business could be completed this week, with Italy's Ferrero seen as the frontrunner to outbid rival Hershey.


Andy Coyne | 8 Jan 2018

Confectionery giants Hershey and Ferrero have reportedly submitted final bids for the up-for-sale Nestle US candy business.


just-food.com | 21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.


Andy Coyne | 18 Dec 2017

Hershey has confirmed it has struck a deal to buy fellow US business Amplify Snack Brands for US$1.6bn.


Andy Coyne | 18 Dec 2017

A report this morning (18 December) is linking US confectionery giant Hershey with a US$1.6bn deal to buy Amplify Snack Brands.


Andy Coyne | 16 Nov 2017

Top cocoa-producing nations Côte d’Ivoire and Ghana and major confectionery companies have agreed to take action to help eliminate deforestation.


Andy Coyne | 27 Oct 2017

US confectionery giant Hershey is planning to add another chocolate product, Gold, to its namesake range.


Andy Coyne | 29 Aug 2017

California confectionery company Leaf Brands is the latest firm to be linked with a bid for Nestle's US candy business.


Andy Coyne | 26 Jul 2017

US confectionery giant Hershey has downgraded its sales outlook for 2017, blaming a tough retail climate.


Simon Harvey | 18 Jul 2017

Hershey is targeting the healthy-eating US consumer with its new Popwell popcorn brand.


Andy Coyne | 14 Jul 2017

US chocolate giant Hershey is aiming to get ahead of the transparency curve through an update of the Nutrition Facts panels on its products.


Dean Best | 12 May 2017

Confectioners operating in the US, including Nestle, Mars and Ferrero have announced a series of pledges in areas including pack sizes, calories and labelling.

Latest blogs

Dean Best | 10 Jan 2018

Hershey and Cargill are the latest US-based food majors to have decided to leave The Grocery Manufacturers Association - and the lobby group says it is looking to change to meet the "disruption" in the industry.


Dean Best | 20 Sep 2016

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.



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