Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / China

Hershey And Lotte In China Chocolate JV

January 2007 | Company News Alert
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US confectionery giant Hershey has entered into a joint venture with South Korean sweet maker Lotte Confectionery in a bid to boost sales in the high-opportunity Chinese market. The mutually advantageous partnership is expected to improve Hershey's sales throughout Asia, while giving Lotte access to the mature, yet enormously profitable US confectionery