If you like chocolate from Nestle and Hershey, you may be wondering if Nestle owns Hershey. This is a commonly asked question, as there have been many rumors about Nestle being the owner of Hershey.
It is actually quite common for companies to own other widely known companies. Many times this comes about as a company will buy another company out, so that it can make a larger profit over a larger scale.
This can happen without customers ever realizing it if the buying company decides to let the other company continue to run as usual. This could result in two completely different companies being run by one company that owns the other.
If you are a chocolate lover and frequently buy from Nestle or Hershey, you may wonder if one of these companies is owned by the other. Keep reading to find out whether or not Nestle owns Hershey.
Is Hershey Owned by Nestle?
If you are wondering if Nestle owns Hershey, the answer to this question is that Nestle does not own Hershey. Hershey and Nestle are two separate companies that are actually considered to be two of their top competitors as they sell many of the same products
Rumors about Nestle owning Hershey have gone around for a long time, but none of them are grounded in truth. In fact, both companies are partially owned by a number of investors in the company.
It is not uncommon for large companies to own other large companies, but in this case, that just isn’t the reality. These are two of the biggest names in the chocolate business and are often competing head to head.
Nestle and Hershey are also located in different countries, so they aren’t even close to each other when it comes to their facilities. They are both names that are recognized all over the world as they have gained global popularity.
Nestle and Hershey also sell different kinds of products despite both being in the chocolate business. Hershey is more of a US company and is most popular in this area.
While nestle is more global and is considered to be a higher quality of chocolate that is more artisanal. Hershey provides good chocolate, but it is not considered to be of top quality, especially among professional chocolate makers.
Does Nestle Own Nesquik?
Now that you know that Nestle does not own Hershey, you may be wondering if it owns Nesquik. This is another commonly asked question, as many people have suspected that Nesquik is owned by Nestle.
This is actually true and is not just a rumor, as Nesquik is simply a branch of Nestle. It is very common for companies to have different branches that are dedicated to different kinds of products within the same company.
Nestle created the Nesquik brand so that it would be its own specific brand set apart from Nestle. This brand carries a wide variety of chocolate products, such as:
- Chocolate milk
- Strawberry milk
- Chocolate milk powder
- Chocolate syrup
So if you have ever suspected that Nesquik was a product of Nestle, you were right. Nesquik is owned by Nestle and all of the products go through the Nestle company.
Though Nestle still keeps its own products quite separate from Nesquik as the two brands are known for different kinds of things.
Does Nestle Own the Hershey Company?
If you enjoy chocolate, you may be wondering if Nestle owns the Hershey company. The reality is that this is just a rumor, as Nestle does not own Hershey and does not seem to have any interest in buying Hershey out.
It is quite common for different companies to own other companies, but Nestle does not own Hershey as of right now. It also doesn’t seem as though Hershey has any intention of being owned by any other company at any point in time.
However, Nestle does Nesquik as this is a branch of the Nestle company. This is very common for companies to do if they want to have different brands that encompass different kinds of products that customers will buy.
Nestle is known for its delicious chocolate, but Nesquik is known more for its chocolate milk and chocolate milk mixes. This is why Nesquik was ultimately made into its own brand so that the two could be distinctive from each other to customers.