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Home › Hershey to acquire majority stake in Chinese confectionery firm SGM

 

Hershey to acquire majority stake in Chinese confectionery firm SGM

2013-12-19 01:00:00| Food Processing Technology

Hershey Netherlands, a wholly-owned subsidiary of chocolate producer The Hershey Company, has entered into an agreement to buy an 80% stake in Chinese confectionery firm Shanghai Golden Monkey Food (SGM), for an undisclosed amount.

Tags: firm chinese majority acquire

Category:Food and Related Products

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