Who Owns the Hershey Chocolate Company Now?
Last Updated Mar 26, 2020 4:52:03 PM ET

The Hershey Trust Company is the shareholder with the greatest number of shares, making it the owner of the company. The Hershey Company, formerly known as the Hershey Foods Corporation, Hershey Chocolate Corporation and Hershey Chocolate Company, is an investor-owned public corporation.
In 2002, the Hershey Trust Company intended to sell its shares and controlling interest to the William Wrigley Jr. Company, which is now a part of Mars Incorporated. The sale was stopped by intervention from the Pennsylvania Attorney General's Office.
The Hershey Company was originally owned by Milton S. Hershey, who founded the chocolate making company in 1894. The company was incorporated in 1927.
More From Reference

How Do You Apply for Social Security Benefits?

How Did the VW Beetle Become an Emblem of the '60s?

We Explain the Complicated History of Myanmar and Aung San Suu Kyi

Financing the Future: Setting Up Savings Plans for Grandchildren

Responsible Retirement: What's the Maximum Amount You Can Contribute to a 401(k)?

10 Small Business Grants for Women Entrepreneurs