Friday, December 20, 2013

Hershey to acquire majority share of Shanghai Golden Monkey Food

The Hershey Co. has announced that its wholly-owned subsidiary, Hershey Netherlands B.V., has signed an agreement to acquire 80% of the iconic Shanghai Golden Monkey Food Joint Stock Co. Ltd. (SGM), a privately-held confectionery company based in Shanghai, China.



from IFT Daily News http://www.ift.org/Food-Technology/Daily-News/2013/December/20/Hershey-to-acquire-majority-share-of-Shanghai-Golden-Monkey-Food.aspx

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