Hershey

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.

Pic: hershey

In brief

Twizzlers’ fans asked to solve flavour mystery

By Anthony Myers

Hershey is setting Twizzlers’ fans with a mystery to solve this year by asking them to guess the flavour of a new version when it becomes available nationwide beginning this spring.

Pic: The Hershey Company

Easter

First-ever amphibian becomes 2021 Cadbury Bunny

By Anthony Myers

The Hershey Company, which sells Cadbury products in the US under licence from Cadbury UK Ltd, has announced the winner of its 2021 Cadbury Bunny Competition – and it’s a frog called Betty!

'Climate change is one of the most urgent threats to our planet that we face today,' said Michele Buck, Hershey CEO and President. Pic: Hershey

Environment

Hershey announces new measures to tackle climate change

By Anthony Myers

The global confectionery giant said it will invest in renewable energy and land-use initiatives, target 100% of its plastic packaging to be recyclable, reusable or compostable by 2030 and announced a no-deforestation policy.

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