Hershey buys ONE Bars for nearly $400 million

[Ron]

Hershey buys maker of sweet nutrition bars for nearly $400 million

The Hershey Co. HSY, +0.21% plans to buy a maker of sweet nutrition bars for nearly $400 million, as food companies continue to target healthier snacks that provide protein. Hershey announced Tuesday afternoon that it plans to acquire One Brands LLC, which makes nutrition bars with sweet flavors such as blueberry cobbler, cinnamon roll and birthday cake. "Our beloved confection brands will continue to be the engine that drives our business while we broaden our better-for-you portfolio, offering more snacking choices for more consumers," Hershey's chief growth officer, Mary Beth West, said in a statement. The move comes less than a week after Quest Nutrition LLC, which also specializes in snack bars containing protein, was acquired for about $1 billion.


https://www.marketwatch.com/story/hershey-buys-maker-of-sweet-nutrition-bars-for-nearly-400-million-2019-08-27?mod=hp_investing

[Marty Champions]

Nothing beats a clif builder bar

Or a

Lenny n larry cookie

[jephrius]

Nothing beats a clif builder bar

Or a

Lenny n larry cookie

Oreos kick their ass

[2ND COMING]

k

[Matt]

Nothing beats a clif builder bar

Or a

Lenny n larry cookie

Big Lenny?

[FitnessFrenzy]

smart of them to expand into the fitness teritory

[Kwon]

Wonder how much money Hershey has at their disposal.


Spending 400 mill USD just like that.

[dan18]

Wonder how much money Hershey has at their disposal.


Spending 400 mill USD just like that.

Its not usually up front they will give them stock as well instead of cash and max them out

[Kwon]

Its not usually up front they will give them stock as well instead of cash and max them out

Ok, thanks.


How much are they worth anyways? (Hershey company)

[dan18]

Ok, thanks.


How much are they worth anyways? (Hershey company)

Hershey net worth as of August 16, 2019 is $32.59B

[dan18]

For those who get the history channel check this show out the one on Milton Hershey was great if you have ON DEMAND you can watch it anytime

The Food That Built America - history.com


https://www.history.com/shows/the-food-that-built-america

For generations of Americans, food titans like Henry Heinz, Milton Hershey, John and Will Kellogg, C.W. Post and the McDonald brothers

[Kwon]

Hershey net worth as of August 16, 2019 is $32.59B

Yikes!

And they made all that on Hershey bars?

[dan18]

Yikes!

And they made all that on Hershey bars?

watch the show on the history channel he sold his chocolate to others as well he was one of the few stand up guys of his time during the recession in the 1900s he never laid off a single employee he may have reduced work hours but no one lost a job when other companies laid off employees he refused to do so..

[Kwon]

watch the show on the history channel he sold his chocolate to others as well he was one of the few stand up guys of his time during the recession in the 1900s he never laid off a single employee he may have reduced work hours but no one lost a job when other companies laid off employees he refused to do so..

Will check


Sounds like he had some good principles.

[dan18]

Will check


Sounds like he had some good principles.

You have to be a fan of history I love all  history take away all of life's conveniences that we have today people would fall apart too know where we began and how we evolved out of nessesity and a need is truly amazing from beating rock together to where we are now. I also like anything related to space and oceanography

[anvil]

You have to be a fan of history I love all  history take away all of life's conveniences that we have today people would fall apart too know where we began and how we evolved out of nessesity and a need is truly amazing from beating rock together to where we are now. I also like anything related to space and oceanography

But you DON'T like punctuation hahahahahaaaa!


I kid, you know we love you Dan.  Figured I'd have to say something since kiwiol doesn't post anymore to give you a hard time 

[dan18]

But you DON'T like punctuation hahahahahaaaa!


I kid, you know we love you Dan.  Figured I'd have to say something since kiwiol doesn't post anymore to give you a hard time 

punctuations what are those? Im not aware of such things, can you please enlighten me to these punctuations you speak of.

[Kwon]

This will be good for the supplementindustry.

[Dave D]

First ive heard of this.

Do you have a credible source or at least confirm with Ron?

[Skeletor]

[Tapeworm]

You come in here with these crackpot conspiracies. One Quest's butternut pumpkin and marshmallow candied pecan smash never got more than a half a star from Gene Wonder. The merger will fail and earthquakes will consume the state of Pennsylvania, so tell your friend. Also locusts.