Blog: Dean BestHershey and Cadbury - a shared heritage?

Dean Best | 11 October 2007

Nearly all in the investment community see the business rationale for Cadbury and Hershey to merge – but there are also striking similarities in the origins and heritage of the two confectioners.

As Ben Cooper notes in our Hot Topic today (11 October), Cadbury was founded by a nineteenth century Quaker philanthropist with enlightened views about social welfare, and in particular the welfare of his workers. Like Milton Hershey, the founder of the US candy giant, John Cadbury wanted his business to embody that spirit.

Of course, one must not over-egg the link between the foundations of the two companies and the way they are run today. (Employees who have recently lost their jobs at Cadbury and Hershey might have something to say about that).

However, it’s a point worth making and it may just persuade the Hershey Trust – so far adamant that it wants to keep control – to team up with a company of similar heritage.


BLOG

A bad fortnight for self-regulation

Recent events in Canada, Brussels and the UK suggest the task of defending self-regulation as the best way to prevent the commercial activities by food companies from exacerbating childhood obesity is...

BLOG

Reckitt Benckiser clears final Mead Johnson hurdle

The final regulatory approval needed for the UK-based consumer goods giant's takeover of the US infant formula maker has been received, with the US$17.9bn deal set to be completed on Thursday (15 June...

BLOG

Barilla puts sustainability centre stage

Barilla's 2016 results statement, published last week, makes interesting reading, not because of the Italian food group's commercial performance, but for the emphasis placed on sustainability achievem...

just-food homepage



Forgot your password?