Derry Township, PA-based Hershey Company, launches the premium, ‘Better for You’ product line of Sofit Protein Cookies in India. The launch of this new product is part of Hershey’s plan to invest $50 million in India. Sofit is a market leader of soy milk in the country, and in the last...
Hershey Test Markets India's Soya Brand 'Sofit' in U.S.
Pennsylvania-based Hershey acquired the Sofit brand after buying out India's Godrej Group from its joint venture, Godrej Hershey Ltd., in 2012. And now, Hershey plans to introduce Sofit, (a brand synonymous with soya milk, since it was first introduced in the year 2004 by Godrej Hershey Ltd.) in the U.S....
Hershey buys out India partner
The Hershey Company reached an agreement to acquire the 49-percent stake in India's Godrej Hershey Ltd. that it does not own, primarily from Godrej Industries Ltd. and another minority shareholder. The transaction is expected to close by the end of the third quarter, when the company will own the Maha...