The Hershey Company The Hershey Company was incorporated under the laws of the

The hershey company the hershey company was

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The Hershey Company The Hershey Company was incorporated under the laws of the State of Delaware on October 24, 1927 as a successor to a business founded in 1894 by Milton S. Hershey.13It was the largest producer of quality chocolate in North America and a global leader in chocolate and sugar confectionery. Its principal product groups included chocolate and sugar confectionery products; pantry items, such as baking ingredients and toppings; beverages; and gum and mint refreshment products. The company marketed its products in approximately seventy countries worldwide. It operated under a matrix reporting structure designed to ensure continued focus on North America and on continuing its transformation into a more global company. Its business was organized around geographic regions and strategic business units; this structure was designed to enable the company to build processes for repeatable success in its global markets. Groupe Danone Groupe Danone was a société anonyme, a form of limited liability company, organized under the laws of the Republic of France.14It was incorporated on February 2, 1899. Under Groupe Danone’s bylaws, revised in 1941, the company’s existence was to last 141 years, until December 13, 2040, except in the event of earlier dissolution or extension. In 1997 the group’s management decided to focus on three core activities on a worldwide basis (fresh dairy products, beverages, and biscuits and cereal products). The group had since completed several significant divestitures in grocery, pasta, ready-to-serve meals and confectionery activities, mainly in France, Belgium, Italy, Germany, and Spain. PepsiCo, Inc. PepsiCo, Inc. was incorporated in Delaware in 1919 and was reincorporated in North Carolina in 1986.15It was a leading global food and beverage company with brands that were 12The information in this paragraph has been adapted from Kellogg Company Profile, ? request=display.profile&symbol=k (accessed September 8, 2014). 13The information in this paragraph has been adapted from Hershey Company Profile, ? request=display.profile&symbol=HSY (accessed September 8, 2014). 14The information in this paragraph has been adapted from Groupe Danone 20-F SEC Filing, April 2, 2007. 15The information in this paragraph has been adapted from PepsiCo 2012 10-K. For the exclusive use of P. Tran, 2017.This document is authorized for use only by Pansy Tran in Fall 2017 Financial Analysis and Valuation-1 taught by Julia Plotts, University of Southern California from August 2017 to December 2017.
H.J.HEINZ M&A KEL848 12 KELLOGG SCHOOL OF MANAGEMENTrespected household names throughout the world. Through its operations, authorized bottlers, contract manufacturers, and other partners, the company made, marketed, sold, and distributed a wide variety of convenient and enjoyable foods and beverages, serving customers and consumers in more than 200 countries and territories. Its products were brought to market through direct-store-delivery, customer warehouse and distributor networks. It owned numerous valuable

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