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Nestlé owns 23.29% of L'Oréal, the world's largest cosmetics and beauty company, whose brands include Garnier, Maybelline, Lancôme and Urban Decay. Nestlé owned 100% of Alcon in 1978. In 2002 Nestlé sold 23.2% of its Alcon shares on the New York Stock Exchange.
The Hershey Company was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, originally established as a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company. [6] Hershey's chocolate is available in 60 countries. [7]
Hershey produces a variety of products that are chocolate or candy based, and The Hershey Company also produces gum. This list excludes licensed items such as beer, cereal, ice cream and chocolate milk, which are made by brands like Yuengling , General Mills , Breyers , Good Humor , Klondike , and Natrel .
Since The Hershey Company holds the largest chunk at 43.30% of the U.S. market, ... Hershey's growth prospects and Nestle's moves Chocolate sells well even in tough economic conditions. For ...
The drink was invented in 1929, and although it changed hands a number of times (including with cigarette company Phillip Morris) the U.S./Canadian rights to the company are owned by Dr. Pepper ...
The company grew significantly during World War I and again following World War II, expanding its offerings beyond its early condensed milk and infant formula products. The company has made a number of corporate acquisitions including Crosse & Blackwell in 1960, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988, Klim in 1998, and ...
Hershey started making Kit Kats in its own plant in Hershey, Pennsylvania in 1973. Then, in 1988, Nestlé acquired Rowntree Mackintosh, as Rowntree’s was called after a merger, and with it Kit ...
The court cases crippled the company financially and eventually led to bankruptcy. In 1984, Terson Company and its Ward brands, best known for their Chunky chocolate candy, divested the combined candy companies to Nestle and the rights to its products to ensure its legacy. Most recently, Nestle sold the company, among others, to Ferrero in ...