Hershey

The acquisition of Dot's and Pretzels Inc. will help Hershey Company grow its permissible salty snacks portfolio and create new snacking occasions. Pic: GettyImages/AbbieImages

Hershey knots up two pretzel majors in $1.2bn deal

By Gill Hyslop

The confectionery giant is expanding its footprint in the salty snacks scene with the acquisition of Dot’s Homestyle Pretzels and contract manufacturer Pretzels Inc, in a deal worth $1.2bn.

Hershey has 48.1% gender diversity around the world. Pic: The Hershey Company

Inclusivity

Hershey’s ‘female forward policy’ puts it top of the list

By Anthony Myers

The Hershey Company’s DEI (diversity, equity and inclusion) agenda has been acknowledge in a survey by Forbes magazine, which has ranked it #1 on its list of the ‘World's Top Female Friendly Companies’, spearheading a roster of 300 honourees.

NACS is back in Chicago after last year's postponement. Pic: NACS

NACS 2021

Hershey goes to NACS Expo armed with key retail insights

By Anthony Myers

Hershey has pitched up at the 2021 National Association of Convenience Stores (NACS) Show Expo in Chicago to reveal its key consumer insights to help retail partners meet evolving consumer needs.

Lily's expanded line of bars, baking chips and other confections can be found across the US at key retailers. Pic: Lily's

M&As

Hershey buys Lily’s confectionery brand for $425m

By Anthony Myers

The Hershey Company has completed its acquisition of Lily's, the high-growth maker of low-sugar, better-for-you (BFY) confectionery products, for a purchase price of $425m.

Hershey reports strong results for the first quarter. Pic: Hershey Company

Financial results

Hershey exceeds estimates for Q1 in latest financial results

By Anthony Myers

Hershey has posted stronger-than-expected earnings for its first quarter and is expected to boost its chocolate sales in North America as the country’s roll-out of the COVID-19 vaccine gathers pace.

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