Logo via the Hershey Company

Hershey Announces Investments In Emerging Snacking Businesses

Originally posted on thehersheycompany.com.

HERSHEY, Pa., Aug. 19, 2019 (GLOBE NEWSWIRE) — The Hershey Company (NYSE:HSY) is further expanding its position as a snacking category leader, announcing minority investments in emerging snacking businesses FULFIL Holdings Limited and Blue Stripes LLC.

C7 Ventures, Hershey’s venture model, provides the company with new avenues for growth through the deployment of small capital investments in disruptive or emerging platforms focused on new occasions, new technologies and new go-to-market opportunities.

“Successful companies evolve and engage consumers in new and different ways,” said Mary Beth West, Chief Growth Officer.  “As we continue to expand our snacking portfolio, our innovation agenda takes a balanced approach across investing in core brands and experimenting with new business models.  This includes creating new platforms through R&D, strategic acquisitions and investments in businesses that are sitting at the cross section of new consumer snacking needs.”

FULFIL is a one of the leading makers of great tasting, vitamin fortified, high protein nutrition bars in the UK and Ireland. The partnership will create opportunities in new occasions among new consumer segments and markets.

Founded by Oded Brenner, a recognized innovator, cacao entrepreneur and creator of Max Brenner, a chocolate sensory immersion, Blue Stripes Cacao Shop enables further go-to-market opportunities by offering experiential retail that combines the goodness of cocoa with a unique customer experience.

Latest News

5 Biggest News Stories of the Week: September 29

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. Research Outlines Lack…

What You Need To Know About Hispanic Heritage Month

Every year, the month between Sept. 15 and Oct. 15 offers schools, workplaces and cultural institutions the chance to focus on Hispanic people and their culture during Hispanic Heritage Month. The annual event celebrates U.S. citizens from Spain, Mexico, the Caribbean, and Central and South America with a focus on…

5 Biggest News Stories of the Week: September 23

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. Women of Color…

Southern Company Distribution Named One of Atlanta’s Best Places To Work and Healthiest Employers

Originally published at southerncompany.mediaroom.com. Southern Company ranked No. 19 on The DiversityInc Top 50 Companies for Diversity list in 2022.   Atlanta Gas Light, a distribution company of Southern Company Gas, has been named one of Atlanta’s Best Places to Work and Healthiest Employers by the Atlanta Business Chronicle. The company received…

saic

SAIC Spotlights Professionals for Hispanic Heritage Month

Originally published at saic.com.    Each year during National Hispanic Heritage Month, SAIC is proud to recognize Hispanic achievements and contributions. By highlighting some of our colleagues within SAIC, we honor the positive impact they make to the company, customers and our communities. This year’s theme, “Unidos: Inclusivity for a…