New products and seasonal success may have given Hershey increased
2005 sales, but income for the confectionery colossus remains
blighted by the cost of reorganisation.
The level of antioxidants commonly available in chocolate is
directly linked to the level of natural cocoa contained in the
product, says a new study from the US.
US confectionery company Hershey is marching along the acquisition
trail, announcing this week that it has bought another premium
chocolate firm, Californian-based Joseph Schmidt Confections.
Leading US confectionery firm Hershey announced last week its plans
to acquire Californian-based chocolate maker Scharffen Berger in a
deal which the company hopes will allow it to break into the niche
premium quality dark chocolate...
After a slightly slow start to the year, the confectionery group
Hershey Foods, saw sales rise and the gross margin expand in the
third quarter, despite rising commodity costs.
Hershey Foods Corporation has won the first round in the fight for
the association of its nutrition bars with the popular low-carb
dietary regime, Zone Diet, in what promises to become one of the
fiercest intellectual property disputes...
A letter to the Pennsylvania Attorney General states that the
Hershey trust will not attempt to sell its shares in Hershey Foods
without seeking court approval, a move seen by sceptics as intended
to avoid further legal action against...
Despite the fact that the sale of the company has been temporarily
put on hold, Nestle and Cadbury are said to be still discussing a
joint bid for the Hershey business, although they have not yet
decided how best to structure the...
The Hershey Trust's appeal against an injunction preventing it from
selling its stake in the Hershey confectionery business was heard
by a panel of seven judges yesterday, but the court was adjourned
before a decision was made.
The sale of the Hershey confectionery business may not yet take
place, according to the head of the Hershey Trust which controls
the business. And even if the sale does take place, he stressed,
the impact on the local community will...
Hershey will find out on Wednesday whether its appeal against a
court ruling postponing the sale of the confectionery group has
been successful. In the meantime, rumours continue to circulate of
a potential joint bid for the firm...
The sale of the leading US chocolate bar maker Hershey Foods has
been put on hold in order to allow the courts to assess the likely
social and economic impact of the disposal. But will the
restrictions likely to be imposed on the...
Nestle and Cadbury, the two European confectionery giants, are
reported to be discussing a joint bid for Hershey, the US chocolate
maker. But while a joint bid is unlikely, both firms could profit
from the sale.
Swiss food group Nestle on Friday declined to comment on market
talk it might want to buy US confectionery maker Hershey, but said
it would be keen on regaining its top-selling Kit Kat brand in the
United States.
