• ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • STORE
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • EVENTS
  • CONTACT
Latest Tweets
  • Loading tweets...

Follow @@GamaConsumer

  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
  • STORE
  • NEWS & INSIGHTS
    • Global News
    • Insights
    • Magazine
  • EVENTS
  • CONTACT

Hershey

All the posts published.
1 MIN READ

USA: Hershey to invest $135 million on manufacturing facility

July 7, 2020
-
Food, Manufacture & Distribution, North America

Hershey, the US confectionery and snacks firm, has announced the investment of $135 million to expand its manufacturing facility in Augusta County, Virginia. With 30 years of operations, the facility currently employees more than 1,000 workers, being the second largest company’s plant in the US. According to sources, with the investment, the company will expand its facility by 90,000 square feet, creating 110 new jobs. Last year, Hershey invested $104 …

Read More →
1 MIN READ

USA: Hershey to launch plant-based Krave jerky

January 16, 2020
-
Food, North America, Products

Hershey, the US confectionery and snacks firm, has announced it is moving Krave, the meat jerky firm it acquired in 2015, into the vegan foods space with the launch of Krave Plant-Based Jerky. Said to features a taste and texture similar to that of Krave Gourmet Meat Cuts, Krave Plant-Based Jerky is described as being made from peas and fava beans “for an eating experience and nutritional profile superior to any …

Read More →
1 MIN READ

USA: Hershey seals $397 million deal to acquire One Brands

August 28, 2019
-
Food, Mergers & Acquisitions, North America

Hershey, the US confectionery firm, has announced it has entered into a definitive agreement to acquire One Brands, the maker of a line of low-sugar, high-protein nutrition bars, for a purchase price of $397 million. The chocolate maker said the deal “strengthened its position as a snacking leader” and would “provide a competitive offering of brands in the nutrition bar category”, adding that it would complement the company’s existing Oatmega …

Read More →
1 MIN READ

Ireland: Hershey announces investment in Fulfil

August 20, 2019
-
Europe, Food, Mergers & Acquisitions

Hershey, the US confectionery and snacks firm, has announced a minority investment in the Ireland-based functional food firm Fulfil via its C7 Ventures arm. Founded in 2016, Fulfil produces vitamin-fortified, high-protein, low-sugar nutrition bars made from ingredients such as soy, whey protein and chocolate, which it markets in the UK and Ireland. Commenting on the launch, Hersey chief growth officer Mary Beth West said: “Successful companies evolve and engage consumers …

Read More →
1 MIN READ

USA: Hershey to expand Virginia plant

May 16, 2019
-
Food, Manufacture & Distribution, North America

Hershey, the leading US confectionery firm, is investing $104 million to expand a production plant in Augusta County, VA, USA, according to a report in Area Development. Once expanded by 111,000 sq ft, the site will reportedly create 65 new jobs and be able to produce penuche (fudge-like confectionery) and peanut cream for distribution to other Hershey facilities on the US east coast. Commenting on the launch,  Susanna Zhu, vice president, …

Read More →
1 MIN READ

USA: Hershey acquires Pirate Brands from B&G Foods

September 18, 2018
-
Food, Mergers & Acquisitions, North America

US confectionery firm Hershey has announced a definitive agreement to purchase Pirate Brands from B&G Foods for $420 million. The “strategic acquisition” includes the Pirate’s Booty, Smart Puffs and Original Tings brands. Pirate Brands will operate within Amplify, Hershey’s ‘better-for-you’ snacking hub in Austin. Commenting on the deal, Hershey’s chief growth officer Mary Beth West said: “Pirate’s Booty is a leading cheese puffs brand loved by moms and kids as a …

Read More →
1 MIN READ

China: Hershey divests Golden Monkey

August 3, 2018
-
Asia Pacific, Food, Mergers & Acquisitions

US confectionery firm Hershey has announced the sale of Golden Monkey, a Shanghai-based confectionery brand, to Henan Yuxiang Food Technology for an undisclosed amount. The move comes as volume sales of sugar confectionery have reportedly declined in China as consumers switch to healthier options. Alongside confectionery, Golden Monkey also markets a tofu-based snacking brand called Munching Monkey. Commenting on the news, Hershey spokesperson Jeff Beckman said: “We are constantly evaluating …

Read More →
1 MIN READ

UK: Intersnack to acquire Tyrrells business

May 18, 2018
-
Europe, Food, Manufacture & Distribution

German snacks firm Internsack has announced the acquisition of UK crisp business Tyrrells from US confectioner Hershey for an undisclosed sum. The Tyrrells business includes a head office and two manufacturing sites in the UK, along with US manufacturing operations, the Aroma Snacks business in Germany and Yarra Valley Snack Foods in Australia. Hershey acquired Tyrrells as part of its purchase of the Amplify Snack Brands business, announced at the end …

Read More →
1 MIN READ

USA: Hershey initiates $60 million facility expansion

March 15, 2018
-
Food, Manufacture & Distribution, North America

Hershey, the US chocolate firm, has broken ground on a $60 million project to expand a manufacturing facility in Hazle Township, PA, USA, according to a report in the Times Leader. The investment, which is set to add 111 new jobs at the site, will see the installation of a new Kit Kat production line at the factory, which currently produces Kit Kat, Cadbury and Caramello products. The expansion is …

Read More →
1 MIN READ

USA: Hershey to buy Amplify Snack Brands

December 19, 2017
-
Food, Mergers & Acquisitions, North America

Hershey, the US confectionery firm, is taking its first significant step beyond the chocolate category with the acquisition of snack food firm Amplify Snack Brands for $921 million. The deal “strengthens Hershey’s position in the snacking aisle and broadens its portfolio of innovative savory snacking brands”, the company said in a statement. The Amplify Snack Brands portfolio includes SkinnyPop popcorn, Paqui tortilla crisps, Oatmega protein bars and Tyrrells potato crisps. Commenting on the …

Read More →
1 MIN READ

USA: Hershey rebuffs takeover offer from Mondelez International

July 1, 2016
-
Food, Mergers & Acquisitions, North America

Hershey, the US chocolate firm, has announced that it has rebuffed a takeover offer from global snack and confectionery firm Mondelez International. The Pennsylvania-based firm confirmed that it had received a preliminary, non-binding indication of interest from Mondelez to acquire the company for a mix of cash and stock consideration worth $107 a share of Hershey common stock, or $23 billion in total. “The Company’s Board of Directors, after receiving input from the Company’s …

Read More →
1 MIN READ

Brazil: Hershey Brasil and Bauducco end joint venture

August 26, 2015
-
Food, Latin America, Mergers & Acquisitions

Hershey Brasil, the Brazilian arm of the US confectionery company, and Bauducco, a Brazilian firm manufacturing biscuits, panettones and other bakery products, are to cease their joint venture in Brazil, according to a report in Globo. Having been given the green light by the Brazilian competition authority CADE, the Bauducco group company Pandurata will sell 49% of its shares in Hershey Brasil to Hershey Netherlands, another Hershey subsidiary. The joint …

Read More →
1 MIN READ

USA: Hershey expands further into snacks business with acquisition of Krave Pure Foods

February 4, 2015
-
Food, North America

Hershey has announced that it has  entered into an agreement to acquire the meat snack maker Krave Pure Foods for an undisclosed amount. Krave is an all-natural jerky brand producing a range of more unusual flavours including Black Cherry Barbeque Pork Jerky, Basil Citrus Turkey Jerky and Chili Lime Beef Jerky. “Krave Jerky is a great fit to our portfolio and overall snacks and adjacencies strategy”, said Michele G. Buck, …

Read More →
1 MIN READ

USA: Hawaiian Host to buy macadamia nut processor Mauna Loa

January 16, 2015
-
Food, North America

Hawaiian Host, a Hawaii-based manufacturer of chocolate-coated macadamia nuts, has entered into an agreement with leading confectionery producer The Hershey Co to acquire the Mauna Loa Macadamia Nut Corporation for an undisclosed amount, according to reports in ABC News and Khon2. Mauna Loa is one of the world’s largest processors of macadamia nuts and was originally purchased by Hershey in 2004, ABC News reports. Commenting on the deal, Keith Sakamoto, …

Read More →
1 MIN READ

US: Hershey acquires Allan Candy Company

December 12, 2014
-
Food, North America

Hershey has extended its manufacturing capacity in North America, as well as expanding its brand portfolio, through the acquisition of the Canadian confectionery firm Allan Candy. Allan Candy owns brands including Allan, Big Foot, Hot Lips and Laces and more than half of its current manufacturing capacity is used to make Hershey Sweets & Refreshment products such as Jolly Rancher hard candy and Lancaster caramels for North America. “The acquisition …

Read More →
1 MIN READ

USA: Hershey launches spreads based on Reese’s Peanut Butter Cups

November 25, 2014
-
Food, North America

The Hershey Company has launched a new chocolate spread based on its long-standing Reese’s Peanut Butter Cup brand. The traditional sweet, comprising a disc of milk chocolate filled with peanut butter, has inspired Hershey’s new spread which blends chocolate and peanut flavours. “Reese’s Spreads offer an authentic Reese’s experience to fans who are looking for delicious snack options throughout the day”, said Daren Russ, Brand Manager, Food & Beverage Enhancers …

Read More →
1 MIN READ

China: Hershey acquires 80% stake in Shanghai Golden Monkey

September 29, 2014
-
Asia Pacific, Food

Hershey Netherlands BV, a subsidiary of The Hershey Co., has announced that it has acquired an 80% stake in Shanghai Golden Monkey Food Joint Stock Co. (SGM),  a company it first expressed an interest in back in December 2013. Food Business News reported that Hershey has acquired the stake in SGM, a privately help confectionery company based in Shanghai, China, for around $394 million, with the remaining 20% stake expected …

Read More →
1 MIN READ

USA: Hershey to launch “gum meets mint” product

March 7, 2014
-
Food, North America

Food Business News is reporting that the Hershey Co. is  developing a product with technology to “revolutionize breath freshening”, in an attempt to lift low sales in the gum category. Said to be set for a September debut, Ice Breakers Cool Blasts is said to chew like a gum but dissolve like a mint and was unveiled by the company at a presentation at the Consumer Analyst Group of New …

Read More →
1 MIN READ

USA: Hershey’s to develop 3D chocolate

February 7, 2014
-
Food, North America

US manufacturer The Hershey Company (Hershey’s) has announced its latest venture development agreement with 3D printing company 3D Systems. The two companies are set to explore opportunities for using 3D printing technology in creating edible foods, including confectionery treats. In a joint announcement by the companies, it was stated that the alliance would combine Hershey’s “world-class food science and manufacturing expertise” with 3D Systems’ 3D printing technology and know-how “to …

Read More →
1 MIN READ

USA: Hershey adds sweet spreads to portfolio

January 20, 2014
-
Food, North America

The Hershey Company has announced it will move into the chocolate spread market with a new launch in the USA. By branching out into sweet spreads, Hershey will be competing with existing major brands such as Ferrero’s Nutella and J.M Smucker. The new spreads – available in chocolate, chocolate & almond, and chocolate & hazelnut varieties – add to Hershey’s portfolio of syrups, cocoa and chocolate bars. Anna Ling, spokesperson …

Read More →
LOAD MORE POSTS

Copyright © 2020. Gama. All rights reserved.      Privacy Policy | Legal Notice

 
Hershey Archives - Gama