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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]
In the same time-frame, Nestlé entered in a joint bid with Cadbury and came close to purchasing the American company Hershey's, one of its fiercest confectionery competitors, but the deal eventually fell through. [32] In December 2005, Nestlé bought the Greek company Delta Ice Cream for €240 million. [33]
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Compared to Hershey, Nestle reported 4% growth . ... The company expects to increase investments by about $100 million this year, $200 million in 2014 and up to $300 million in 2015 and thereafter ...
HSY data by YCharts. Right now, Hershey's bottom line is being pressured by a shockingly large surge in cocoa prices. This is a key ingredient in chocolate, which is one of the company's big products.
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 .
Hershey stock soared on Dec. 9 after news broke that Mondelez had approached the company with a takeover offer. Mondelez tried to buy Hershey in 2016 for $23 billion but was turned down.