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To: LindyBill who wrote (623010)	2/4/2017 1:24:29 AM
From: Sr K	Read Replies (2) \| Respond to of 793845

Seems like Hershey is bringing a licensed business in-house: KitKat is distributed in the U.S.A. by Hershey, under a license from Nestlé. Kit Kat is a chocolate-covered wafer bar confection created by Rowntree's of York, England, and is now produced globally by Nestlé, which acquired Rowntree in 1988, with the exception of the United States where it is made under license by H.B. Reese Candy Company, a division of The Hershey Company. This morning I noticed in Hershey's report: "In 2017, our North America business is focused on the continued rollout of Hershey's Cookie Layer Crunch bars, barkTHINS chocolate distribution gains and other exciting new products such as Reese's Crunchers candy and Krave meat bars and sticks." Sounds like Hershey is preparing for Nestlé not renewing the license, and is about to go after KitKat. Or they just want to make a better product and make it in the countries where they have factories.