The Hershey Company is acquiring confectionery brand Lily's to add to its better-for-you (BFY) portfolio.
Hershey's will finance the acquisition with cash on hand and short-term borrowings.
Chuck Raup, President US The Hershey Company, described the acquisition as a great strategic complement to their existing offerings, adding that they are focused on developing a BFY confection portfolio.
BFY snacking is growing faster than mainstream segments across snacking categories. However, BFY offerings under-developed in confection, and Lily's acquisition would enable Hershey to accelerate this growth.
Lily's produces low-sugar products such as dark and milk chocolate bars, baking chips, and peanut butter cups.
The Boulder, Colorado-based Lily's was launched nationally in 2012 in the Whole Foods Market.


Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 



