Shanghai Golden Monkey

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 …