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In Brief | ACQUISITIONS

Hershey to sell plant in Hawaii

August 04, 2007|From Times Wire Services

Hershey will sell its Mauna Loa Macadamia Nut plant in Hawaii to PLK Partners, the company said. Terms of the sale were not announced.

Hershey will retain the Mauna Loa name, according to Al Kam, one of PLK's partners who once worked as Mauna Loa's chief financial officer.

Hershey bought Mauna Loa in 2004 from Shansby Group, a private equity venture.

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