Hershey to acquire 80% of Shanghai Golden Monkey Food
date:Dec 20, 2013
r snack categories. Overall, Shanghai Golden Monkeys net sales have been growing double digits, on a percentage basis, and the company is expected to generate net sales of more than $225 million in 2013.

The agreement between Hershey and Shanghai Golden Monkey is a win for both companies, said John P. Bilbrey, president and chief executive officer of The Hershey Co. The strength of SGMs confectionery portfolio and overall distribution capabilities, especially within the traditional trade, is an
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