Hershey Co. expanding portfolio with plans to acquire another candy brand

The Hershey Company is expanding its portfolio again.

On Tuesday, the company announced it plans to acquire Lily’s, a low-sugar confectionery brand with milk and dark chocolate bars, baking chips, peanut butter cups and other products. In a news release, Hershey said Lily’s fits with the company’s “multi-pronged better-for-you snacking strategy.” Continue reading.