The Hershey Company does not own Cadbury Schweppes. However, Hershey has license agreements with affiliated companies of Cadbury Schweppes p.l.c. to manufacture and/or market and distribute York, Peter Paul Almond Joy and Peter Paul Mounds confectionery products worldwide, as well as Cadbury and Caramello confectionery products in the United States. Hershey's rights under these agreements are extendible on a long-term basis at the Corporation's option.
Hershey also has an agreement with Societe des Produits Nestle SA, which licenses Hershey to manufacture and distribute Kit Kat and Rolo confectionery products in the United States. Hershey's rights under this agreement are extendible on a long-term basis at Hershey's option, subject to certain conditions.