#portfolio-expansion

#portfolio-expansion

Founded in 1894 by Milton Hershey, The Hershey Company owns many more brands than just its signature chocolate bar brand, and Heshey is the brand of chocolate most eaten in the United States. The chocolate and candy company began with selling a simple bar of milk chocolate, followed a few years later by foil-wrapped dollops of chocolates, and then almost two decades later came the debut of the peanut-studded Mr. Goodbar.

We are not moving away from making plant-based meat. This is a strategic expansion of our portfolio into additional protein categories. We start at the farm with clean and simple, non-GMO ingredients like yellow peas, red lentils and faba beans. We love clean protein and fiber.

We believe the acquisition of SWK will immediately scale our portfolio by an estimated $242 million, accelerating growth and diversification, expanding our position and investment capabilities in the healthcare and life sciences sector and enhance both our earnings power and overall financial profile.