Nestle, the leading FMCG multinational, has announced it is increasing its portfolio in the US with the launch of a “liquid espresso concentrate” line. Promising consumers “the ultimate hack for customizing café-style iced espresso beverages at home”, the company claims its 100% Arabica espresso concentrate can be prepared without brewing or equipment, simply by pouring over ice and blending with water or milk. The new launch comes as a “rich and …
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Nestle, the Swiss consumer goods giant, has announced the sale of its New Zealand based Egmont Honey brand to Huatai International, a Beijing-based private equity fund, after two years of ownership. Founded in 2008, Egmont Honey specialises in manuka honey and sustainable beekeeping practices, exporting its products to more than 20 countries. The move is described as being part of a wider strategy to streamline Nestle’s portfolio, as well aligning …
Nestle, the Swiss consumer goods giant, has announce plans to spin-off its water and premium beverages business from 1st January 2025. “As part of the action plan to drive operational performance and unlock potential, Nestlé’s water and premium beverages activities will become a global standalone business under the leadership of Muriel Lienau, Head of Nestlé Waters Europe, as of January 1, 2025”, the company said in a statement. “This will …
Nestle, the Swiss consumer goods giant, has announced an investment of $150 million to expand its frozen food facility in Gaffney, South Carolina. The investment will be used to install a new production line for single-serve frozen meals and upgrade automation and digital technology. Operating since 1980, the Gaffney plant produces frozen food for brands such as Stouffer’s and Lean Cuisine and is one of 112 facilities owned by the …
Sanitarium, a health food company, has submitted a formal offer to acquire the Vita Brits breakfast cereal brand from food manufacturing giant Nestle. Founded in 1898, Sanitarium produces brands such as Up & Go, So Good, Plantwell, Vegie Delights, and PB Nutrition brands, Vita Brits, which the company already produces for Nestle under a toll manufacturing agreement, is similar to Sanitarium’s own Weet-Bix biscuit-type breakfast cereal. The brand is part …
FMCG giant Nestle has recently announced that the company is investing £150 million ($199 million) to upgrade its Nestle Purina pet food factory in Wisbech, UK. In a press release, the company said it had been investing in its Purina factories worldwide in response to rising pet food sales , noting the category accounted for 20% of the company’s total sales in 2023, up from just 12% a decade ago. …
Nestle, the Swiss consumer goods giant, has signed an agreement with Saudi Authority for Industrial Cities and Technology Zones (MODON) to construct a food manufacturing plant via a 270 million SAR ($72.9 million) investment. The new plant will cover a site of 117,000 sq m in Jeddah and will fulfil local demand, as well as producing goods for export to other markets in the Middle East and North Africa (MENA). …
Nestle, the Swiss consumer goods giant, has announced plans to sell its Cremora business to the South African subsidiary of French dairy giant Lactalis, as part of a strategic realignment of its operations. Cremora is a creamer brand produced in Babelegi and Potchefstroom, South Africa, as well as in Harare, Zimbabwe. Lactalis will acquire both South African sites, while production of Cremora at Harare will cease, with the plant shifting …
Nestle, the Swiss consumer goods giant, has announced an investment of €30 million (£25.4 million) to increase capacity for hot cereal drinks production at its Avanca factory in Portugal. The investment will be used to install advanced machinery to improve operational efficiency and help meet the growing demand for nutritious beverages. The Avanca plant, situated in the north-eastern region of Portugal, is decribed as Nestle’s sole cereal drinks production site …
The Indian arm of consumer goods giant Nestle and Indian multinational pharmaceutical company Dr Reddy’s have formed a joint venture to offer new nutraceutical brands to consumers in India and other agreed territories. The joint venture will establish its headquarters in Hyderabad, and select brands will be licenced by both parties. Nestle Group will license brands such us Nature’s Bounty, Osteo Bi-Flex, Ester-C, Resource High Protein, Optifast, Resource Diabetic, Peptamen, …
Nestle, the Swiss consumer goods giant, has announced plans to exit the dairy and juice sector in Ecuador through a deal with Gloria Foods, a subsidiary of the Peruvian business conglomerate Gloria Group, for Ecuajugos. According to Gloria Foods, the deal includes a factory and distribution centre in Cayambe, the local brands La Vaquita, Yogu Yogu, Natura, Cereavena and Huesitos, and the licensing of the international brands La Lechera and …
Nestle, the Swiss consumer goods giant, has announced an investment of A$32 million ($20.8 million) to upgrade its manufacturing line for powdered drink concentrates in Smithtown, Australia, bringing total investment in the site to A$80 million ($52.7 million) over the last decade. In a statement, the company said the investment would be used to introduce state-of-the-art manufacturing technology to the factory and support increased production capacity. Operating since 1921, the …
Consumer goods major Nestle has announced the commissioning of a new Purina pet food plant at its existing site in Buk in north-western Hungary. According to the company, the factory, which is the result of a 55 billion HUF ($152.3 million) investment, will add two additional automated production lines, increase capacity by over 50,000 tons a year and create 130 jobs. The new lines, which should be fully operational from …
Global FMCG giant Nestle has announced plans to close a dairy plant in Nicaragua due to “current global dynamics for efficient and productive operations”. Located in the northern part of Nicaragua, the Matagalpa facility specializes in the production of dairy products under the Prolacsa brand. In a statement, Juan Gabriel Reyes, CEO and president of Nestle Central America, said: “To continue offering our consumers accessible and highest quality products, we …
Italpizza, the Italian frozen pizza firm, has completed the acquisition of a Nestle pizza facility in Caudry, northern France. The company is said to be planning to invest more than €12 million ($13 million) as part of a comprehensive modernization of the facility, which was closed down after an E. coli outbreak in 2022 reportedly led to a sharp decline in sales. Presently operating in over 50 countries, Italpizza is said …
Consumer goods giant Nestle has entered into exclusive negotiations with private equity fund FnB to sell its baby food brands in France, according to Just Food and FoodBev reports. The deal would see the company transfer its line of NaturNes baby pots, Babicao and Babivanille flavoured cereal powders, and P’tit yogurts, which are produced in Arches, France but exported globally. “This proposed sale would have no impact on the employees …
Global FMCG giant Nestle has announced an investment of $100 million to expand its Tri An coffee facility in the southern Vietnamese province of Dong Nai. According to the company, the investment will help to meet growing local and international consumer demand for high-quality coffee. The Nestle Tri An factory exports coffee products from brands such as Nescafe, Nescafe Dolce Gusto and Starbucks to more than 29 countries all over …
Consumer goods major Nestle is planning to spend over $1.2 billion to bolster its capabilities in Brazil between 2023 and 2025, consolidating the country as Nestle’s third most important market globally. In a statement, Nestle said money would be earmarked for the adoption of new technologies and manufacturing facilities, more sustainable practices, and product innovation. Specific investments include coffee, supplements, chocolate and biscuits, with a new KitKat production line planned …
Swiss FMCG giant Nestle has announced the acquisition of a majority stake in Brazilian chocolate manufacturer Grupo CRM from investment fund Advent International. Grupo CRM is described as operating a successful direct-to-consumer business, with over 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands and a growing online presence. Commenting on the acquisition, Nestle Brasil CEO Marcelo Melchior said: “We understand that we have a great opportunity to accelerate …
Global FMCG giant Nestle has announced an expansion to its plant-based range with the launch of new frozen dessert under the Haagen-Dazs brand in Canada that uses oats as a dairy alternative. Launching across most grocery stores, the new line comes in the varieties Chocolate Peanut Butter (rich chocolate ice cream with creamy peanut butter swirls), Vanilla Raspberry Truffle (vanilla ice cream with raspberry ribbons and truffle pieces) and Caramel Fudge …
FMCG giant Nestle has announced plans to launch a new plant-based milk alternative in the US made from a blend of oat and broad (fava) beans. In a press release, the company said the new dairy alternative has strong nutritional value, with 5g of protein per serving and the benefits of amino acids. Claimed to have a mild, nutty taste and smooth texture, the drink will be available in both …
Dairy firm Fonterra and FMCG multinational Nestle have agreed to sell Dairy Partners Americas (DPA) Brazil joint venture to French dairy company Lactalis for BRL 700 million (approx. $133 million), subject to closing transaction adjustments. The sale, which has been delayed due to the pandemic related market conditions, is aligned with the co-op’s strategy of prioritising its New Zealand milk pool. Created in 2023, Fonterra holds 51% stake and Nestle …
FMCG multinational Nestle has announce the investment of SAR 7 billion (1.86 billion) over the next decade to support business growth. The company will initially invest SAR 375 million ($99.8 million) to build a manufacturing plant which is expected to be opened by 2025. The facility will make infant nutrition products and ready-to-drink coffee, exporting to countries in the Middle East and North Africa. “Nestle’s investments will contribute to food …
FMCG giant Nestle has announced that it is investing €100 million ($98 million) in a coffee plant in Girona, Spain. According to sources, the investment will be made over the next three years with the goal of increasing the factory’s medium to long-term competitiveness. Nestle plans to install state-of-the-art technology that, combined with automation and digital technology, will improve sustainability and logistics, as well as boosting the manufacture of single-dose …
Nestle has announced the acquisition of a majority stake in the German innovative spice mixes maker Ankerkraut, as the European private-equity firm EMZ Partners exits the German business. According to sources, the acquisition is part of the transformation of Nestle’s portfolio acquiring businesses with attractive growth prospects on consumer trends. “Our partnership with EMZ saw Ankerkraut go from strength to strength, and we thank the team for their support. We …
Nestle USA has announced an investment of $675 million to build a new factory in Glendale Arizona to meet the growing demand for its products. The new facility will produce creamers for Nestle’s category-leading portfolio, including the Coffee mate, Coffee mate natural bliss, and Starbucks brands. “Beverages play an increasingly important role in the lives of consumers, a trend that’s been accelerated by the pandemic and is expected to continue …
FMCG multinational Nestle has announced plans to invest over BRL$1.8 billion ($352.9 million) in Brazil this year. According to sources, 40% of this investment is planned to be applied to a new plant, located in Vargeao (Santa Catarina), to produce Nestle Purina products. The new factory is already under construction since January this year. The company also plans to invest BRL$1.1 billion ($215 million) in industry operations such as new …
Nestle Health Science, a business unit of Nestle SA, has acquired the majority stake in Orgain, a leading company in the plant-based nutrition business. According to Nestle’s press release, the acquisition will complement Nestle Health Science’s portfolio of nutrition products. Founder in 2009, Orgain makes protein-based shakes, powders, and snacks based on the belief that everyone deserves access to good, clean nutrition. “Nutritional protein plays a key role in supporting …
Nestle has announced an investment of $70 million in its Burlington factory to start manufacturing Nestle Toll House refrigerated cookie dough. According to sources, the plant used to produce candy bars such as 100 Grand, Nestle Crunch, and Buncha Crunch. Nestle sold its confectionery business to Ferrero in April 2018, but the Burlington factory was not part of the sale, and its ice cream, baking, and beverage lines were also …
Nestle Indonesia, a subsidiary of multinational food and drinks giant Nestle, has started the construction of a US$ 200million facility in Central Java. The 20 hectares of land facility will produce Bear Brand liquid milk and ready-to-drink beverages Milo and Nescafe to meet the consumer demand for dairy products in the region creating about 200 new jobs. Ganesan Ampalavanar, president director of PT Nestle Indonesia said: “We are optimistic about …
Multinational food and drinks giant, Nestle has announced that it is in discussions to buy all or part of The Bountiful Company. The Bountiful Company is a manufacturer, marketer, and seller of vitamins, minerals, and other specialty supplements and active nutrition products. Majority-owned by private equity firm KKR Co & Inc, The Bountiful Company’s portfolio includes brands such as Nature’s Bounty, Solgar, Pure Protein, Osteo Bi-Flex, Puritan’s Pride, Sundown, Body …
Multinational food and drinks giant, Nestle has announced the acquisition of Essentia Water, a premium functional water brand based in Washington. Worthing $192 million in sales the past year, Essentia produces ionized alkaline water, being the leading brand in that space in the United States. Now it will be part of Nestle USA Premium Waters portfolio together with Perrier, San Pellegrino, and Acqua Panna. In a statement, Nestle acknowledged that …
Food and drink giant Nestle has entered into an agreement deal to acquire British producer of recipe kits SimplyCook for an undisclosed sum. SimplyCook provides pre-portioned, letterbox-sized recipe kits delivered with simple instructions and specific supplies, to consumers in the UK and Ireland. Since its launching, the London-based company claims to has helped customers cook over 20 million recipes. “I am delighted to welcome the SimplyCook team to Nestlé. We …
Multinational food and drinks giant Nestle has reached an agreement to sell its Nestle Water North America business to One Rock Capital Partners in partnership with Metropoulos & Co. for $4.3 billion. The sale includes brands such as Poland Spring, Deer Park, Ozarka, Ice Mountains, Zephyrhills, Arrowhead and Spring. International premium brands including Perrier, S.Pellegrino, and Acqua Panna are not part of the deal. The movement is part of Nestle’s …
Food and drink giant Nestle has announced that it is introducing the plant-based brand Harvest Gourmet in China. According to a company’s press release, the plant-based range includes burgers, sausages, nuggets, and mince, as well as alternatives to meals such as kung pao chicken, braised meatballs, pork belly, and spicy wok. The new range will be produced in Tianjin, China in a new facility that is already fully operational and described …
Multinational food and drinks giant Nestle has announced the sale of its Yinlu peanut milk and canned rice porridge business in China to Food Wise, a company linked to the family of the Yinlu founder, for an undisclosed sum. The move will allow Nestle to focus on its key categories in China such as coffee, confectionery, infant nutrition, culinary, dairy, and petcare, the company said As part of the deal, …
Leading frozen foods company Nomad Foods has entered into an agreement to acquire Findus Switzerland from Froneri, and intellectual property from an affiliate of Nestle, for approximately €110 million ($131 million). Findus is a leading frozen brand with a portfolio of products across categories such as fish, vegetables, and ready meals. The acquisition of Findus Switzerland will unify Nomad Foods’ ownership of the Findus brand across Europe, the company said. …
Consumer goods major Nestle has agreed to acquire a majority stake in Mindful Chef, a meal kit company, in a bid to strengthen its direct-to-consumer offering in the UK and Ireland. Founded in 2015, Mindful Chef delivers meals to households across the UK. Consumers can choose from 16 “specially curated” healthy recipes each week, which are described as being made from high quality and sustainably sourced ingredients. Mindful Chef CEO …
Multinational food and drinks giant Nestle has announced investments of R$762 million ($135 million) in its Brazilian operations over the course of this year. The investment is earmarked for both creating new manufacturing lines and modernizing existing ones in the company’s facilities in Sao Paulo, Espirito Santo, Bahia, and Minas Gerais. The investment will be also used to increase production efficiency and develop technical skills. According to the company, Nestle will …
Nespresso, an operating unit of the Nestle Group, has announced the investment of CHF 160 million (£135 million) to expand production centre in Romont, Switzerland. Opened in 2015, this facility is the main producer of Nespresso Vertuo capsules and machines, distributed worldwide. With this investment, the company will augment its capacity in 10 new production lines, creating 300 new jobs over the next 10 years. The first production line is …
Multinational food and drinks giant Nestle, has announced the sale of its pasta brand Buitoni to private equity firm Brynwood Partners for an undisclosed sum. The acquisition includes the rights of the brand to sell in the US, Canada, and Caribbean territories along with a 240,000 square foot processing facility located in Virginia. Henk Hartong III, chairman and CEO of Brynwood Partners, said: “We are thrilled to add the famous …
Multinational food and drinks giant Nestle, has announced an investment of $103.58 million to build the first plant-based food facility in China. The investment will include the expansion of the existing pet food plant, an upgrade of the production line of confectionary business, the fist plant-based production facility in Asia and will also further develop its Tianjin Nestle Quality Assurance Centre. The company sees this trend as “a significant opportunity” …
Multinational food and drinks giant Nestle has launched NesQino, a customisable functional beverage product on the market in China. NesQino offers a digitally connected Q-cup machine, a variety of superfood sachets, and three base sachets: smoothie, oat shake, and milkshake. Consumers can choose from 21 different flavour recipes, which are made from 100% natural ingredients such as fruit, vegetables, nuts and seeds, and probiotics. Mayank Trivedi, head of Nestle’s dairy …
The Mexican arm of food and drink multinational Nestle has announced plans to invest $700 million to upgrade its 17 manufacturing plants to increase productivity, improve processes and expand production capacity. The investment includes $200 million, announced in November last year, for the first phase of a new coffee factory in Veracruz, which will process 20,000 tons of coffee per year from Mexican coffee growers, and which is expected to begin operations in the …
Multinational food and drinks giant Nestle has announced it is to sell a 60% stake in its Herta division to Casa Taradellas, an Italian meat and pizza firm, in a move that will see the two firms establish a new joint venture. The deal includes Herta charcuterie available in six European countries, as well as the Herta dough business in France and Belgium. Nestle said it would retain and develop its existing …
Froneri, the UK-based ice cream firm, has announced it is expanding into North America with the acquisition of the Nestle USA ice cream business for $4 billion. The deal would move Froneri “towards global leadership” in the ice cream category, the company said. The Nestle US ice cream brand portfolio includes Dreyer’s, Haagen-Daaz, Outshine, Skinny Cow, Edy’s, and Drumstick, in addition to the Nestle brand itself. The business unit employs …
The latest innovation insight from Gama Compass MANCHESTER – 12th December 2019: Highlighting continued interest in on-the-go breakfast options, this month’s Innovation Insight looks at a new packaging concept aiming to bring the traditional breakfast cereal format in line with prevailing consumer trends – Nestle Box Bowls Cereal. Essentially a reinvention of single-serve breakfast cereal multipacks, Nestle Box Bowls are an attempt to reinvigorate traditional boxed cereals by adapting the format …
Consumer goods giant Nestle has announced it has opened a plant in Shuangcheng District, Harbin City, in the Heilongjiang province of China, which is said to be the company’s first Chinese factory dedicated to the production of Gerber Nutripuff infant cereal snacks. The factory, built at a cost of around 100 million CYN ($14 million), will produce organic and regular Gerber NutriPuffs in a total of eight flavours. The products will be packed …
Consumer goods giant Nestle has announced it is expanding its plant-based food range with the launch of burger and imitation mince in the USA and Switzerland United States. The ingredients and recipes in the new line are said to be customized to meet local tastes, to “ look and cook” like raw beef and provide a “juicy, meat-like” taste and texture. In the USA, Nestle is launching an Awesome Burger …
Consumer goods giant Nestle has announced the launch of three dairy-free coffee mixes under the Nescafe Gold brand in the UK and Ireland. According to a company press release, the new products are the world’s first plant-based soluble coffee mixes and all have vegan certification. Available as Coconut Latte, Almond Latte and Oat Latte, the new lineup is said to be made with a “specially-crafted” blend of 100% Arabica coffee and plant-based ingredients. Neil …
The Indian arm of Swiss consumer goods giant Nestle has announced plans to invest an initial sum of 700 crore INR ($98.6 million) over the next two years to set up a new plant for Maggi noodles. Located in Sanand, Gujarat, the factory will be Nestle’s ninth in India and the fourth dedicated facility for Maggi noodles. Commenting on the move, Suresh Narayanan, Nestle India chairman and managing director, said: …
Consumer goods giant Nestle has announced the expansion of three factories in Indonesia through a $100 million investment. Upgrades to the three factories, located in Karawang (West Java), Kejayan (East Java) and Panjang (Lampung) will increase Nestle’s current production capacity in the country by 25%, the company said. “We recognize an increasingly conducive business opportunity in Indonesia, coupled with the growing consumer demand towards Nestle’s nutritious and high-quality food and …
Global consumer goods firm Nestle has announced the launch of three new Starbucks-branded coffee creamers in the USA. The launch follows a licensing agreement, agreed last year, that allows Nestle to market Starbucks-branded products around the world. Starbucks Coffee Creamers will be available in Caramel, White Chocolate, and Cinnamon Dolce, said to be inspired by the Caramel Macchiato, White Chocolate Mocha and Cinnamon Dolce Latte coffees served in Starbucks cafes. …
Consumer goods giant Nestle is claiming a world first with the creation of a 70% dark chocolate made entirely from the cocoa fruit, using the beans and pulp as the only ingredients. “Nestlé has developed a natural approach, which allows it to extract the pulp and use it in chocolate with no compromise on taste, texture and quality”, the company claimed in a statement. Unlike most chocolate, the new product …
Swiss based FMCG giant Nestle has announced plans to invest R$300 million ($75.96 million) in 2019 in a bid to expand its presence in the Brazilian coffee sector. According to UOL Economia, Nestle will use the investment to develop and market 30 new coffee product, including a line of Starbucks branded coffees, roast and ground coffee beans, and capsules for Nespresso and Dulce Gusto machines. The move is described as …
Nestle, the Switzerland-based consumer goods giant, has announced an expansion of its research and technology activities in China with the inauguration of a new research & development centre in Beijing and a system technology hub in Shenzhen. In a statement, Nestle said the new R&D centre would enable it to accelerate trend-based innovation in China to meet fast-changing consumer demand. The site, accommodating over 40 R&D specialists with expertise in …
The Argentinian division of consumer goods giant Nestle has announced it has opened a new production line for the manufacture of “value added” milk products at a site in Planta de Villa Nueva, in the province of Cordoba. The 480 million ARS ($12 million) spend, part of 4-year, 5.2 billion ARS ($130 million) investment plan, will enable Nestle allows to manufacture 10 million litres of UHT milk products every year under the Nesquik, Nido and …
Consumer goods giant Nestle has announced the launch of Nesquik All Natural cocoa powder, which is claimed to feature simplified, natural ingredients and is available in recyclable paper pouches. According to Nestle, the product is made with five natural, simplified ingredients, containing more cocoa than other Nesquik products. It is also claimed to contain less sugar and to be made with raw cane sugar, instead of processed white sugar. Michelle …
Nestle, the consumer goods giant, has revealed it intends to “explore strategic options” for its Herta charcuterie (cold cuts and meat-based products) business, with a view to a potential sale. Announcing the move alongside its financial results for 2018, Nestle said the decision was “a further step in positioning the portfolio towards attractive high-growth categories”. Recent times have seen the Swiss firm shifting its business towards ‘better for you’ segments, such …
Consumer goods giant Nestle has announced it is spending 43 million CHF ($43 million) to create two new coffee capsule production lines at its site in Romont, Switzerland. The firm said the investment was to supply demand for its Nespresso Vertuo coffee system. “Nestlé has identified coffee as a strong growth driver and the coffee business has seen positive organic growth over the past years”, Nestle said in a statement. “The …
Sanpellegrino, the Italian bottled water firm within the Nestle Waters group, has announced an investment of €70 million ($80 million) over three years to make Acqua Panna “the premium still water” within the Nestle portfolio. The group said it was earmarking the investment to improve efficiencies at its Scarperia and San Piero sites, as well as to boost its marketing activities, in a bid to develop the brand on international …
FMCG multinational Nestle has announced the launch of its first products developed by its incubator team in China. According to Nestle, the products were released under the new brand name Xingshan and comprise three herbal drinks and three herbal soups, offering the benefits of Chinese medicine and cuisine. Developed jointly by the Nestle China incubator team and the company’s brand division Totole, the new products are said to feature rose, …
Nestle’s Malaysia arm is to invest over 100 million MYR ($24 million) to expand its Chembong Milo production facility, investing in what the company describes as a “key manufacturing hub”. According to Nestle, the Chembong facility expansion will establish the world’s biggest Milo manufacturing centre, with capacity to better meet growing local and export demand. “This move is an investment to further strengthen our Nestle presence in Malaysia”, commented Alois Hofbauer, CEO of Nestle …
Nestle, the Swiss consumer goods giant, has expanded its product range with the launch of a new Kit Kat variety for its Southeast Asian market. The new Kit Kat Duo Milk Tea was launched in Thailand, Malaysia and Singapore. According to Nestle the new flavour is a “full-bodied, creamy and soothing flora scent of a steaming cup of hot Milk Tea” that maintains its traditional crispy wafer centre while featuring …
Nestle, the Swiss consumer goods giant Nestle, has announced that it is “considering alternative options” for its Lean Cuisine brand in Australia. The announcement comes after Simplot revealed that it will not renew the licence agreement that it signed in 2009 to manufacture and market Lean Cuisine under licence in Australia. The decision was taken as part of Simplot’s strategy to exit the frozen meals category and focus on its …
Consumer goods powerhouse Nestle is expanding its hot drinks capacity in Vietnam with the launch of a new production line to manufacture Nescafe Dolce Gusto coffee capsules. The new line is claimed to use Vietnamese coffee beans, “providing premium coffee products for domestic consumption and export”. It is initially expected to process 2,500 tons of coffee per year (equivalent to 130 million capsules), with volumes planned to be increased over …
Confectionery firm Darrell Lea has announced the purchase of the Life Savers brand from the Australian arm of multinational consumer goods giant Nestle for an undisclosed sum. The agreement will see Darrell Lea, which is owned by Quadrant Private Equity, acquire rights to the Life Savers brand in Australia and New Zealand. Darrell Lea will then move its confectionery manufacturing operation from New Zealand to Australia, with the production line …
The Indian arm of FMCG giant Nestle, as part of its Cereal Partners Worldwide venture with General Mills, has announced the launch of a new range of family breakfast cereals range under the brand Nesplus. The firm had previously announced its intention to launch a line of cereals in the country. The range is said to feature a combination of multigrain wheat, rice, oats and millet, and will be available …
Global consumer goods firm Nestle has announced the addition of a pizza line to its Sweet Earth brand of plant-based foods in the USA. Offering “pizza enlightenment”, the new line of frozen pizzas provides “wholesome, craveable flavors made with organic ingredients” as well as “unique crusts blended with ancient grains, carrot and rosemary, bold sauces, and fresh toppings”. Launching across the US, the Sweet Earth pizza line comprises Veggie Lover’s, …
The German arm of Swiss FMCG giant Nestle has announced the closure of its Caro hot drinks factory in Ludwigsburg, according to a report in the Stuttgarter Zeitung. Sales of Caro coffee alternatives, which are based on grains such as rye, barley, malt and chicory and have been produced at the Ludwigsburg site for over 150 years, have reportedly been falling as consumers switch instead to coffee and coffee mixes. …
Nestle, the Swiss consumer goods giant, has announced plans to reorganise its activities in Sub-Saharan Africa. The move means the FMCG firm will close the headquarters of its Equatorial Africa unit in Nairobi, Kenya by the end of July, reallocating functions to its head offices in Accra, Ghana and Johannesburg. South Africa. The reorganization also includes the expansion of the southern African region to include the Horn of Africa, as well as …
Nestle, the Swiss consumer goods giant, has expanded its product line-up in the Middle East with the launch of KitKat Moments Desserts. An extension to the firm’s lineup of bitesize chocolate wafers, KitKat Mini Moments Desserts is described as being inspired by desserts from across the world: namely Cherry Brownie, Strawberry Cheesecake, Creme Brulee and Tiramisu, which feature as an assortment of 15 chocolates in a sharing pouch. The new product, …
FMCG giant Nestle has announced that it is intending to invest €40 million ($47 million) to upgrade its production capabilities in Portugal, with 80% of the amount to be invested this year. According to Terranova, the investment will be made in the next 18 to 20 months in two plants – one in Avanca in the central region of Portugal, and one in the northern city of Oporto – in …
FMCG giant Nestle has announced the launch of a cold brew coffee line under its coffee creamer brand Coffee-Mate. Coffee-Mate Natural Bliss cold brew coffee is said to be designed to bring the premium coffee shop experience to the consumer’s home or work. According to the manufacturer, the product is made with natural high quality and recognisable ingredients, containing 100% Arabica beans that are slowly steeped in cool water for …
Nestle Waters, Nestle’s bottled water division, has announced a 25 million CHF ($25 million) investment at its Henniez bottled water site in Switzerland to upgrade and modernize facilities. Dubbed H2Orizon 2020, the investment aims to improve efficiency by modernizing equipment and processes, as well as stimulate innovation and reduce ecological impact. Among the planned improvements are the installation of a new production space for the preparation of flavoured waters and fruit juice, …
The Indian arm of FMCG giant Nestle is to expand its portfolio in the country by producing and marketing a range of breakfast cereal products. The products set to be introduced come from the range of Cereal Partners Worldwide, Nestle’s global joint venture with US cereal maker General Mills. Nestle said the move, which has been approved by the board of directors of Nestle India, was “in line with the …
The Serbian arm of consumer goods giant Nestle has announced that it is disposing of its children’s chocolate brand Cipiripi. The firm is selling the product line to Paracinki, a subsidiary of the distribution firm Silbo. Terms of the deal were not disclosed. The Cipiripi brand range includes confectionery bars, chocolate spread and chocolate drink mix. Commenting on the deal, Yana Mikhailova, regional director of South Eastern Europe at Nestle said: …
Consumer goods giant Nestle has announced it has reached a deal with international coffee shop chain Starbucks, enabling it to market the latter’s retail and foodservice products across the globe. The $7.15 billion deal gives Nestle the right to market Starbucks branded products in perpetutity, enabling it to “capture exciting new growth opportunities in the rest of the world with Starbucks premium products”, the firm said in a statement. The company …
FMCG giant Nestle has announced the opening of a new pet food plant for its Purina brand, located in Teno in the Maule region of Chile According to Economia y Negocios, the company has invested $120 million in the new plant, which it expects to produce 65,000 tons of pet food per year. This will enable the firm to supply 80% of its local market, instead of being reliant on …
Consumer goods giant Nestle has unveiled the first set of a new range of limited edition bottles inspired by emojis for its Pure Life water range in the UK. Created “to inspire children to drink more water”, the new 33cl sized bottles come in four designs – Hahaha, Ooops, Raaar and Mwahh – where the colourful emjoi character forms the upper part of the bottle. Commenting on the launch, Silika …
FMCG giant Nestle has announced an investment of around €40 million ($49 million) to expand and modernize its confectionery production plant in Hamburg, according to a report in Lebensmittelpraxis. The facility, which manufactures products for the firm’s Kit-Kat, Smarties, After Eight and Choco Crossies brands, is Nestle’s largest factory for confectionery products in Europe with daily capacity of 1 million units, two thirds of which is exported. The investment comes …
Nestle, the consumer goods giant, has announced plans to upgrade a manufacturing facility in the city of Kharkiv, Ukraine through a 700 million UAH ($26.2 million) investment. The reconstruction and modernisation programme, which is scheduled to be completed by 2021, is being undertaken at a site which produces foods such as mashed potato and noodles for the Nestle Milvina brand. The project is to be implemented in two stages and will …
FMCG giant Nestle has announced that is launching its first chocolate bar based on new “structured sugar” technology. Called Milkybar Wowsomes, the new product is claimed to be “the first chocolate bar in the world to use Nestlé’s innovative sugar reduction technique”. The technology is said to consists of creating aerated, porous particles of sugar that dissolve more quickly in the mouth, allowing consumers to perceive the same level of …
Consumer goods giant Nestle has unveiled a new addition to its Nescafe Azera range in the UK and Ireland that features nitrogen infusion technology. Called Nescafe Azera Nitro, the launch is designed to achieve a smoother and creamier tasting coffee taste and will be available in Americano and Latte varieties. Nescafe Azera Nitro Americano is described as a refreshing and smooth black coffee infused with nitrogen, while the Latte option …
FMCG giant Nestle has announced that it is investing R$200 million ($61 million) in its Nescafe Dolce Gusto Factory in Brazil, located in Monte Claros, Minas Gerais. According to InfoMoney, the investment will double the factory’s current production capacity to 800 million capsules per year. The investment will allow the opening of two new production lines to manufacture varieties already being produced at the facility: Espresso Coffee, Espresso Intenso, Barista, …
The Canadian arm of consumer goods giant Nestle has announced an investment of C$51.5 million ($398 million) to increase production capabilities at its ice cream factory on Wilton Grove Road in London, ON. The factory, which produces ice cream for brands such as Haagen-Dazs, Parlour and Drumstick, will increase its current footprint by 836 sq m to create capacity for future growth. In a statement, Nestle Canada said that the …
The Nigerian arm of consumer goods giant Nestle has announced an investment of 4.1 billion NGN ($11.4 million) to open a new beverage production plant in Ogun state, Nigeria. The new plant will expand production of the brand’s Milo ready-to-drink range to an annual production capacity of approximately 8,000 tonnes, creating up to 100 new jobs. The new facility is described as being equipped with the latest technology and as …
The Brazilian arm of consumer goods giant Nestle has announced that it is set to expand its cereal offering with the launch of two organic cereal products in March. Noting “the promising potential of the organics market” in Brazil, Nestle said it was planning to launch its organic oats in the varieties Flocos De Aveia (Large Rolled Oats) and Farelo (Oat Bran). Both products are promoted as being high in fibre, …
FMCG giant Nestle has announced that it has acquired the Latin America firm Terrafertil, a company selling natural, organic, plant-based foods and snacks, for an undisclosed sum. Founded in Ecuador in 2005, Terrafertil markets a range of plant-based foods, including fruit and nut snacks, non-dairy milks, grains, nut butters and juices under its flagship Nature’s Heart brand. The firm is the world’s largest buyer of goldenberries (also called cape gooseberry …
FMCG giant Nestle has introduced a new powdered drink under the Nescafe Smoovlatte brand in Brazil. According to Nestle, the launch is in line with global trends and is aimed at introducing coffee to young adults. The new drink, which marks the entry of the Nescafe brand to the powdered “frappe” category in Brazil, is available in the flavour variants Chocotino and Chocomelo, blending a ‘hit’ of coffee with the …
The Australian arm of FMCG giant Nestle is launching an extension to its KitKat chocolate wafer range called KitKat 2 Ways, according to a report in Australian Food News. KitKat 2 Ways features two flavours, split half and half in the same ‘finger’: Mint 2 Ways combines “intense crisp mint” and “creamy smooth mint”, while Caramel Pretzel 2 Ways combines sweet caramel and salt caramel, both topped with a pretzel …
Swiss multinational Nestle has announced the launch of a new KitKat variety coated with cocoa processor Barry Callebaut’s “ruby” chocolate. The new variety, called Sublime Ruby, will go on sale as part of the KitKat Chocolatory series, which is available in Japan in boutique stores of the same name. In a statement, Nestle said that “the launch of breakthrough innovation like KitKat Chocolatory Sublime Ruby underlines Nestlé’s commitment to growing its leading …
FMCG multinational Nestle has announced that it has reached an agreement to sell its US confectionery unit to the Italian firm Ferrero for $2.8 billion. The Swiss giant first announced it was conducting a “strategic review” of its confectionery operations in the second quarter of 2017. Since then, the firm has been seeking to refocus its M&A activity on the health & wellness space, as well as high-growth segments such as …
The Australian arm of consumer goods giant Nestle has announced it has reached an agreement to sell its confectionery bar brand Violet Crumble to the Adelaide-based company Robern Menz for an undisclosed sum. As part of the deal, Robern Menz will acquire the plant, equipment and intellectual property associated with Violet Crumble. Manufacture is set to transfer to the Robern Menz factory in Adelaide, South Australia in the coming months. …
Atrium Innovations, a Canada-based health products firm, is to be acquired by Swiss FMCG giant Nestle for $2.3 billion in cash. The firm, which describes itself as “a world-wide leader in nutritional supplements and one of the fastest growing companies in the industry globally”,will be acquired by Nestle from a group of investors including a company backed by the Permira Funds, Fonds de Solidarite FTQ and Caisse De Depot Et …
Swiss food giant Nestle has announced its intention to close its facility in Kinshasa, capital of the Democratic Republic of Congo, by the end of January 2018. The company stated that the move would allow it to focus on building sales and distribution in the country, providing new arrangements to support the sustainability of the business in the country. The factory, which was opened in 2009, produces Maggi stock cubes …
Nestle, the global FMCG giant, is further developing its Nescau drinking chocolate brand with the launch of Nescau Protein + Milkshake, a ready-to-drink chocolate flavour shake that is claimed to be especially high in protein. According to a report in Giro News, Nestle said the new drink targeted younger, urban consumers with busy lifestyles who were seeking products with a dietary benefit. Nescau Protein + Milkshake is flagged as containing 13g of …
Nestle, the FMCG giant, is rumoured to be among companies considering a move for Hain Celestial, the US-based manufacturer of health and wholefoods. News agency Bloomberg reports that the Swiss firm has held preliminary talks about purchasing all or parts of Hain Celestial, according to “people familiar with the matter”. Bloomberg further cites its sources as saying that other US manufacturers, as well as buyout firms, could emerge as potential suitors, or …
The US arm of FMCG multinational Nestle has announced the acquisition of Chameleon Cold-Brew as part of a strategy to diversify its coffee portfolio. Chameleon Cold Brew is described as premium crafted organic coffee, sourced consciously and sustainably grown. The firm offers ready-to-drink cold-brew, cold-brew concentrate, kegs, cold brew kits and whole bean coffee. The move follows Nestle’s acquisition of speciality coffee roaster Blue Bottle Coffee, which was announced in …
Nestle, the Swiss FMCG giant, has announced an investment of 30 million CHF ($30.8 million) to build a new infant formula plant in Russia. According to a report in FoodBev, the new facility will be located at the firm’s existing Vologda site, where Nestle has been operating for 14 years. The move is described as being in line with Nestle’s strategy to focus investment on high-growth categories including coffee, infant nutrition …
Nestle Purina, the pet care arm of the Swiss FMCG giant, has announced a $320 million investment in the construction of a new manufacturing plant and distribution centre in Hart County, GA, USA, the first new Purina factory to be built in the US in more than two decades. The company said it intended to create over 240 new jobs and to close on the property later in theyear, contingent on …
FMCG giant Nestle has announced that it has taken a majority stake in Blue Bottle Coffee, a speciality coffee roaster and retailer based in Oakland, CA, USA. Nestle describes Blue Bottle Coffee as a “high end” firm that “has achieved iconic status amongst discerning coffee drinkers”. Blue Bottle Coffee markets a range of ready-to-drink and roast and ground coffee, sold online and in retail stores. The firm also operates a network …
The Italian division of consumer goods giant Nestle has announced an investment of €5o million ($60 million) to modernise production facilities at its Buitoni pizza plant in Benevento, Italy. Nestle said the investment would see the installation of three new production lines using the latest technology, as well as temperature-controlled warehousing and a new linear layout. The developments will lead to the creation of around 150 new jobs and a production capacity …
The US arm of FMCG multinational Nestle has announced that it has agreed to acquire Sweet Earth, a plant-based foods manufacturer based in Moss Landing, CA, USA. Launched in 2011, Sweet Earth markets a range of frozen meals, burritos, breakfast sandwiches, and chilled plant-based burgers and proteins are sold in more than 10,000 stores, including independent natural grocers, Whole Foods, Target, Kroger and Walmart. Nestle said the acquisition gave it an …
Nestle Skin Health, a healthcare division of FMCG multinational Nestle, has announced its intention to cease operations at its Egerkingen factory in Switzerland with the potential loss of 190 jobs. The firm said low production volumes at the site had resulted in underutilization of assets and had thus placed additional pressure on manufacturing cost. “Nestle Skin Health is continuously reviewing and adapting its portfolio, simplifying the organization, reviewing its business models, and assessing …
FMCG multinational Nestle has opened a new Kit Kat factory in Japan to cater to growing demand for the confectionery brand, according to BCC Japan. The new facility – located in Ginza – started operations on 1st August and specialises in flavoured varieties of KitKat. It is said to be Nestle’s first new factory in Japan in 26 years. Takuya Hiramatsu of Nestle Japan’s corporate affairs control department said: “Since …
Multinational FMCG giant Nestle has revamped its Greek yoghurt range in Portugal, rebranding the products as Nestle Yaos Grego and introducing a new ‘Greek Shake’ product. According to Distribuicao Hoje, the brand line, which was previously available under the Nestle Grego name, includes low fat yoghurts that are said to be the only products of their kind in Portugal with 0% fat and 0% added sugar. The new Nestle Yaos Grego …
Swiss food and drink multinational Nestle, has announced the investment of 600 million UYU ($20.8 million) to set up a new operations centre in Uruguay. The “state-of-the-art” tecchnologies facility, located in El Parque Industrial Zona Este, a suburb of Canelones, will comprise a production plant, a distribution centre and the headquarters of the company in the country in the same location. “Uruguay is an expanding market for Nestle with many opportunities …
FMCG giant Nestle has revealed that it is considering the divestment of its confectionery brands in the USA, as part of a “strategic review” in the country. Announcing the move in a statement, the firm said that it would “explore strategic options for its US confectionery business, including a potential sale”, emphasising that the review covered the US market only and adding that it was “fully committed to growing its …
Swiss FMCG multinational FMCG Nestle has laid out plans to open new plants in Latin America. According to Reuters, the manufacturer is working with government officials in the four countries that are members of the Pacific Alliance – Chile, Mexico, Peru and Colombia – with the particular aim of creating employment for younger workers. In an interview with Reuters, Laurent Freixe, VP of the Americas zone at Nestle, said : “Our …
FMCG multinational Nestle has expanded its breakfast range of oat sachets in Australia by launching a range called Nature’s Mix under the Uncle Tobys brand. The product, said to be launched due to increased demand from consumers for low-sugar products, is described as a “no added sugar” range that is “naturally sweetened with dried fruit and healthy nuts”. Designed to “help Australians to lead healthy and active lifestyles”, the new …
FMCG multinational Nestle is currently in negotiations to sell a number of its brands, as well as brands owned by Garoto, according to a report in Valor. The sale is described as a requirement by Brazilian antitrust authorities to approve the merger of Nestle with Garoto, which was first announced in 2004. Valor reports that Brazilian regulators are aiming to reduce Nestle and Garoto’s market share for choocolate in Brazil – …
German frozen food company Frosta has announced that it has started conversations to take over certain of Nestle’s frozen food brands in Italy. “Frosta has entered into exclusive contractual negotiations with Nestle. The subject of negotiation is the sales business including the trademark rights for the La Valle Degli Orti, Mare Fresco and Surgela [brands] for the Italian market”, the German group said in statement. Last June, Nestle sold six …
Nestle, the food and drink multinational, and soft drink giants Coca-Cola have agreed to end their Nestea iced tea joint venture after 16 years, with the firms now seeking to follow different strategies in the ready-to-drink tea category. In 2001, Coca-Cola and Nestle joined forces to create Beverage Partners Worldwide, a beverage venture offering Nestea ready-to-drink tea in Canada and Europe. From January 2018, Coca-Cola will keep the license to …
Swiss based food giant Nestle has revealed that it is close to reach a deal with Cuba to form a new venture to build a factory in the country, according to a report in Fox Business. The new $50 to $60 million factory is set to produce coffee, biscuits and cooking products, employing around 300 people. “The idea is to create a new joint venture to produce and distribute these …
Worldwide water bottling company Nestle Waters has teamed up with dairy and drinks multinational Danone and California-based startup Origin Materials to form the Natur’ALL Bottle Alliance to develop a PET bottle made from bio-based, 100% sustainable and renewable resources. According to Nestle Waters: “the project uses biomass feedstocks, such as previously used cardboard and sawdust, so it does not divert resources or land from food production for human or animal …
Nestle, the food and drink multinational, has announced plans to close its factory in Linz, Austria “as part of its on-going portfolio review”. Built in 1879, the Linz facility manufactures a broad range of grocery products and has a total production volume of about 6,000 tons. 127 staff are employed at the site. Announcing the news in a statement, Nestle said that the factory was “facing strongly declining demand along …
Nestle Waters. the bottled water division of the food and drinks giant, has invested 1.8 billion THB ($51.5 million) to open a new manufacturing and distribution hub for Nestle Pure Life in Surat Thani. The new Surat Thani factory, the second for Nestle Waters in Thailand, is described as featuring advanced technology for an improvement of environmental performance and is designed to “distribute high-quality drinking water trusted for healthy hydration …
Global food and drinks giant Nestle has unveiled a new multi-million dollar facility to expand the production of gluten-free products in New Zealand. The move is described by the company as being in response to the growing demand for gluten free in New Zealand and the wider region, and is also intended to create new export opportunity for the brands Maggi and Docello. Located in Nestle’s Cambria Park in South Auckland, the facility …
International food company Nestle has announced that the headquarters of Nestle USA will be moved to Arlington County, Virginia from its current home in Glendale, California later this year. According to Nestle USA, 75% of its factories and 85% of itstop customers are located in the eastern half of the United States, with 80% of its products are sold east of the Mississippi River. The new location is expected to allow Nestle USA …
Food and drinks multinational Nestle has announced an investment of R$270 million ($86 million) in the opening of a new Nestle Purina plant to manufacture pet food in Brazil, reportedly the first to produce wet pet food in Latin America. According to a statement released by Nestle, the plant will be located in Ribeirao Preto in Sao Paulo and will produce wet food for cats and dogs under the Friskies, …
A number of leading firms in the global breakfast foods market are eying up British cereal maker Weetabix, according to a report in The Telegraph. Oriental FMCG giant Bright Foods bought a majority stake in Weetabix in 2012, but so far the UK’s second biggest cereal brand has failed to conquer the Chinese market, the report continues. The company has reportedly hired banking firm Goldman Sachs to advise it as …
Food and drinks multinational Nestle has announced that it has signed an agreement to acquire Caravan Marketing, a leading Egyptian instant coffee firm. Established in 2003 as a marketing and distribution company, Caravan Marketing serves the Egyptian market with a range of soluble coffee products using its own factory, and is the owner of the Bonjorno brand. Nestle said the acquisition reflected its ambition to invest in Egypt and foster the development …
Leading food firms Nestle and Hostess Brands are teaming up for the launch of new ice cream products based on well-known Hostess brand names, according to a report in CSP Daily News. The new product line is said to include a range of 1 pint take-home ice cream tubs, set to hit retailers between February and May. Of the new launches, CupCakes Ice Cream is reportedly a chocolate flavour product …
Harvest Hill , a majority-owned portfolio company of Brynwood Partners, has agreed to acquire the Nutrament brand from Nestle, according to a report in Food Business News. Through the acquisition, the Harvest Hill portfolio is set to expand into the functional drinks space. The firm’s line up already includes fruit drinks under the brands Little Hug, Big Hug, Guzzler and Big Burst, as well as the cocktail and mixer brand Dailys, and …
The Sri Lanka division of consumer goods giant Nestle has announced the opening of a new UHT milk plant at an existing site with a $3.4 million investment. Nestle said that it planned to expand the company’s production capacity for its dairy based beverages, providing local consumers with more milk-based products that cater to local tastes and nutritional needs. Located in Kurunegala, the plant will manufacture products such as Milo, …
Nestle has announced the opening of a new infant formula plant in Jalisco, Mexico at a cost of $245 million. Described as Nestlé’s largest investment in the child nutrition category worldwide in the last 10 years, the new plant, named Nantli, will have a footprint of 600,000 square metres and will triple the firm’s current capacity for manufacturing child nutrition products in Mexico, Nestle said. Nestle Nutrition global CEO Heiko Schipper said: “The opening of …
Nestle Health Science has launched ProNourish, a drink designed to have low FODMAPs and aimed at consumers with digestive problems, in the USA. The drink, which comes in French Vanilla and Strawbeerry Banana flavours, is marketed as a nutritional drink that aids a low FODMAP diet for at home or on-the-go consumption. FODMAP is an acronym for specific types of carbohydrates which can be poorly absorbed and therefore result in …
Nestle is expanding its Nesquik brand to target adults with a new protein-enhanced milk drink in the US. Positioned as “perfect for the casual athlete”, Nesquik Protein Plus is available in Vanilla and Chocolate flavours and “supports the active and healthy lifestyles of adults young at heart who are striving for a balance between ‘grown-up’ responsibilities while not giving up on the fun”, according to a press statement. The product …
Food multinational Nestle is seeking to expand in the chocolate space in India with new launches from its global premium portfolio and the launch of new varieties of existing products, according to a report in the Economic Times. Among the products slated for launch are a new Trio variety of the firm’s leading Munch branded chocolate wafer bars, and a new version of its Bar One confectionery bars called Charge, …
FMCG multinational Nestle has launched Ceregrow, a ready-to-cook breakfast cereal targeted to children, for the Indian market. Said to Fortified with 15 vitamins and minerals, the product is described as being specifically designed for children aged between two and five, providing 17% of the daily requirement of iron and 25% of the daily requirement of vitamin A, vitamin C, vitamin D and valcium. Positioned as a “nutritious & tasty” breakfast …
The Brazilian arm of FMCG giant Nestle has released new dual filtration technology for its Nescafe instant coffee that reportedly ensures that only the best flavours end up in each cup of coffee. According to an article in Revista Alimentos e Bebidas, the concept is unprecedented in Brazil and allows the consumer to experience a coffee that is less bitter and has a more intense flavour, since the double filtration removes …
FMCG giant Nestle has sold the Italian biscuit brand Ore Liete to the Swiss snacks firm Tedesco, according to reports in FoodBev and Confectionery News. Ore Liete biscuits were previously under the Perugina umbrella brand at Nestle Italy, and their disposal is said to be part of Nestle’s plan, first announced in March, to turn Perugina into a global brand through a $66 million investment over three years. This strategy …
FMCG multinational Nestle has launched Nesfit Smoothie, a 100% plant-based drink made with whole grain rice and fruit juice, for the Brazilian market. The low-calorie beverage is described as a light and smooth drink containing whole grains that preserve the three parts of the grain (bran, endosperm and germ), alongside fruit juices such as passion fruit, blackberry and grape. Promoted as a source of fibre, calcium and vitamin D, it …
FMCG multinational Nestle is set to release a swathe of new product launches in India as it seeks to reinvigorate its business in the country in the wake of the Maggi instant noodles controversy, the Times of India reports. According to the newspaper, the Swiss-based firm will be launching around 25 products across a range of categories, having seen its share of the instant noodle category slip back to 55.5% from …
FMCG multinational Nestle is expanding its Hot Pockets hot snacks range with a new line of sandwiches and “bites” based on the ‘food truck’ concept. Advertised as “bring[ing] the taste of popular food trucks to freezers nationwide”, the new range is said to have been developed in collaboration with four award-winning food truck proprietors from Los Angeles and Chicago – Komodo, The Lobos Truck, Baby’s Burgers and Toasty Cheese Mobile …
Nestle, the FMCG multinational, has announced that it is rearranging its confectionery business in Italy, including the sale of six of its brands to the Italian-based sweets firm Fida. The brands changing hands are Rosanna, Fondenti, Glacia, Fruttallegre, Lemoncella and Spicchi. The deal comes only three months after Nestle announced plans for a €60 million ($66 million) global expansion of another of its Italian confectionery brands, Baci Perugina. Commenting on …
Gama Innovation Award – Positioning MANCHESTER – 31st May 2016: The Gama Innovation Award – Positioning for May goes to Nescafe Azera Coffee To Go, a new retail concept looking to take on the coffee shop through a portable format that could create a new niche within the instant coffee category. Offering “barista-style coffee made at home in just a few minutes, which you can carry out of the door”, Nescafe Azera Coffee To …
FMCG multinational Nestle is set to expand its coffee offering in India with the launch of Nescafe Sunrise Insta-Filter Coffee – “which provides the taste of filter coffee and yet does not require a filter”. According to Nestle, the new coffee is made from 100% Indian coffee beans, handpicked from Coorg and Chikmagalur, blended, roasted and transformed into a dry product that “locks the rich aroma and fresh taste of …
Swiss food multinational Nestle and UK-based ice cream maker R&R have formally announced that a joint venture agreement between the two companies has now been agreed. The new company, called Froneri, is expected to report sales of 2.7 billion CHF ($2.81 billion) and will employ around 15,000 people. Speculation about a deal between Nestle and R&R first emerged last October, when it was reported that the two firms were in …
Nestle South Africa has officially inaugurated its new instant coffee manufacturing plant in Estcourt, KwaZulu Natal following an investment of 1.2 billion ZAR ($84 million). The expansion includes the construction of a waste water treatment plant, a new coffee processing plant, upgrading of existing coffee processing and a state of the art coffee drying plant, the company said. The Estcourt factory is one of the first three factories that the …
Nestle Germany has announced its intention to close its coffee and cocoa plant in Mainz, Germany by the end of December 2017. In a statement, Nestle said that the factory, which has capacity for around 24,000 tons of coffee and cocoa products, was no longer suitable for the requirements of modern and efficient coffee production and that an independent review had concluded that the necessary upgrades to the site would …
Nestle, the food, drinks and pet care multinational, has announced that it has broken ground on a new factory in Hung Yen province in the north of Vietnam “to facilitate the company’s product innovations for the local consumption”. The $70 million factory, located at Thang Long II Industrial Park, is Nestle Vietnam’s sixth factory in the country and will produce ready-to-drink chocolate malt beverages under the Milo brand. Nestle said the new factory would …
Nestle is looking to revive its Italian chocolate praline Baci Perugina with a view to turning it into a global brand, the company has announced. With a total investment of over over €60 million ($66 million), the new initiative is designed to further reinforce the presence of the historical brand in Italy as well as to make Baci Perugina a symbol of ‘Made in Italy’ around the world, the company …
Swiss FMCG giant Nestle is to invest about R$400 million ($101 million) to expand production capacity in Brazil over the course of 2016, Supermercado Moderno reports. According to the news agency, the plan is to increase capacity by introducing new production lines, allowing some items that were previously imported to be manufacturer locally. Among the areas slated for investment are pet food and coffee, especially to meet expected growth in …
Nestle, the world’s leading food multinational, has released its full year results, posting single-digit organic growth over 2015. The Swiss firm said that organic growth was 4.2% with real internal growth of 2.2%, fuelled in particular by a strong showing in the Americas where turnover was up 5.8%. Total sales for the year amounted to 88.8 billion CHF ($89.57 billion), while net profit was 9.1 billion CHF ($9.18 billion). Commenting on …
Swiss FMCG multinational Nestle is to acquire the remaining shares in Israeli food manufacturer Osem in a deal worth about $840 million, according to a Reuters report. Osem is Israel’s third-largest food producer by sales, behind the Strauss Group and market leader Tnuva. The firm produces more than 2,000 different food items in 11 production sites, both for domestic consumption and for export, particularly to European countries and to the United States. The …
Food and drinks giant Nestle is expanding the KitKat chocolate biscuit bar range in Australia with a focus on Chinese-inspired flavours, according to a report in Australian Food News. The news source reports that consumers will be enticed with flavours such as Tangerine Creme Brulee, Taro & Black Sesame, Red Bean & Toasted Coconut and Almond Cookie, with the limited edition options retailing at A$6 ($4.19) from the brand’s new …
The Chinese arm of FMCG multinational Nestle has signed an e-commerce partnership with web portal Alibaba that will see Nestle products made available online for a Chinese audience, according to a report in New Food Magazine. The purpose of the partnership is to expand Nestle’s online sales through the introduction of new products to internet consumers, along with the strengthening of the company’s brand image in China. The project follows …
UK-based pet care manufacturer Bob Martin has reached an agreement to acquire Nestle’s Purina PetCare unit in Europe, according to a report in Pet Gazette. The deal includes the acquisition of Nestle Purina´s PetCare’s manufacturing, distribution and salesforce in France, Italy and Spain and is set to enable Bob Martin to expand its presence in Europe. “With over 85 years’ experience, the Purina PetCare business offers significant expertise in pet …
Nestle’s first Nescafe Dolce Gusto factory outside Europe is set to begin operation with the inauguration of a new coffee capsule facility in Montes Clares, Brazil. Nestle said the investment was in response to demand for the brand´s coffee pods in Latin America, especially in Brazil where Dolce Gusto has been the market leader since its introduction in 2009. The facility, which cost 2 million CHF ($2 million), will produce …
Nestle and Facebook have joined forces to release a ‘360° ‘ advertising video for the Nescafe coffee brand, uniquely available on the social media platform. As part of a global campaign to connect with Millennial coffee lovers, the “GoodMorningWorld” video for Nescafe – apparently a first in the FMCG space – allows consumers to customize their viewing experience through the 360° rotation of their mobile phones, using a technology developed …
Nestle has announced that it has invested 87 million CHF ($88 million) in new food and drink production facilities in Malaysia to cater for rising demand. The firm’s new beverage plant cost 66 million CHF ($67 million) and is Nestle’s eighth plant in Malaysia. Over 40,000 sq m in size, it will produce ready-to-drink products including Milo chocolate and malt drink, Nescafe coffee, Sjora fruit juices and drinks, and Nestle Omega Plus milk. …
Nestle is to bring its Maggi brand of instant noodles back to the Indian market having cleared the mandatory quality tests as directed by the Bombay High Court. The company is now eyeing a comeback in time for the Hindu festival of Diwali. Earlier this year, Maggi noodles were banned in India after the Food Safety and Standards Authority of India (FSSAI) found concentrations of lead higher than permitted levels. …
The latest innovation insight from Gama Compass™ MANCHESTER – 9th October 2015: In this week’s Innovation Insight, we look at the launch of a drink seeking to bring the benefits of ‘freshly brewed’ to the chilled coffee space through packaging innovation – L Cafe Snowing Black Coffee Drink. Starting from the principle that ‘fresh is best’ when it comes to coffee, L Cafe Snowing Black Coffee Drink is a new product …
Swiss food giant Nestle is said to be in talks to form a joint venture to combine some of its ice cream businesses with R&R, Europe’s largest contract ice cream maker, Reuters reports. According to Reuters, the two companies are in discussions to form a 50/50 joint venture in a deal valued at £2.2 billion ($3.34 billion). As part of the deal, Nestle would reportedly contribute its ice cream businesses …
The latest innovation insight from Gama Compass™ MANCHESTER – 24th September 2015: This week’s Innovation Insight investigates how overarching food industry trends – from natural ingredients to adventurous flavour – are being increasingly expressed in the world of pet care, as we look at Nestle’s latest expansion of its Purina Beyond range – Purina Beyond Natural Puree for Dogs. Promoted as “natural meal enhancements” and designed to act as a flavoursome …
Nestle has inaugurated its third Nepresso plant in Switzerland as it seeks to meet US growing demand for its coffee capsule range, according to reports in The Local and Bloomberg. The new factory will produce capsules both for the established Nespresso machine and also for the VertuoLine coffee machine, a new product launched last year for the North American market that is designed meet US consumers’ demand for larger cups …
Consumer goods giant Nestle has unveiled a new addition to its Nescafe range in Spain that is claimed to make consumers feel more “alive”. Nescafe Vitalissimo is aimed at the 40+ age bracket and “helps to reduce tiredness and fatigue with just one cup per day, without compromising on great taste”, according to promotional material. A cup of coffee made with 2 teaspoons (2g) of Nescafe Vitalissimo is claimed to …
The ban on the sale of Maggi noodles in India, which has been in place for more than two months, has been lifted by the Mumbai High Court and Food Safety and Standards Authority of India (FSSAI) subject to certain conditions, according to reports in the Economic Times. The government bodies have given Nestle India a 6-week time span for the testing of a sample of five variants of Maggi noodles. …
According to the Rabobank ranking for the year 2014, the Swiss company Nestle has maintained its positioned as the biggest dairy company in the world, with a total annual turnover of €20.9 billion ($23.2 billion). The French companies Lactalis (€14.7 billion / $16.3 billion) and Danone (€14.6 billion / $16.2 billion) made it to second and third positions, changing places compared to the 2013 ranking. The fourth place was taken …
Nestle is said to be investing $120 million in a food processing plant in Dubai, UAE to manufacture products under the Nescafe and Maggi brands. Described as a 175,000 sq m manufacturing facility, the plant is set to create 400 jobs. According to Global AgInvesting, a groundbreaking ceremony has already taken place with production due to start at the end of 2015. Rainer Mueller, communications director for Nestle Middle East …
Nestle India is to resume exports of its Maggi instant noodle line following a ruling from the Bombay High Court. Last month, Maggi noodles were banned in India by the central food safety regulator FSSAI after the discovery of lead in excess of permissible limits, as well as flavour enhancer monosodium glutamate, in a routine test. The company has now been given the go-ahead to resume exports of Maggi noodles …
Nestle USA has recently announced plans to remove artificial flavours and reduce sodium in its frozen pizza and snack products by the end of 2015. The company said that the “changes will affect more than 250 products across six brands”. Foodbusinessnews reports that by the end of the year the products will contain no artificial flavous and will see sodium reduced by 10% compared with 2013 levels. Nestle will also …
Nestle is strengthening its ice cream business in China with an investment of RMB 100 million (more than $ 16 million) in two facilities in the country. As part of the investment, the company has opened a new production line in Tianjin to produce its 8Cubes brand and has increased its cold storage capacity at the Guangzhou site. “This investment will enhance our ability to meet increasing consumer demand for …
Gama spoke to Tim Brown, President & Chief Executive Officer, Nestle Waters North America. What are your day-to-day activities as President & Chief Executive Officer ? As President and CEO of Nestlé Waters North America, I have the opportunity to oversee a complex commercial operation with one goal: bringing healthy, hydrating beverages to homes and businesses across the U.S. and Canada. In any given day, I can find myself …
Nestle is expanding its hot snacks range with the launch of new Snack Bites and Breakfast Bites under the Hot Pockets brand. Hot Pockets are claimed to feature freshly-baked crusts around a blend of premium Hickory Ham, Signature Pepperoni and 100% real cheese. Commenting on the launch, Christopher Brody, marketing manager for Hot Pockets, said: “Today’s millennials aren’t sitting down to a traditional three meals a day, so the lines …
Nestle Waters has received an offer for the purchase of its subsidiary Nestle Waters Supply Center that operates the source of Quezac mineral water in France, according to a report in LSA. The purchase offer for the Quezac source, which is located in Ispagnac, Lozere, has been made by entrepeneur Eric Besson. The mooted sale of Quezac – which is fifth in its category and has volume sales of about …
Nestle is expanding its offer under the Aero brand with the addition of a new Aero Mousse variety that is described as featuring “two different textures within one bite” and aims to provide an indulgent treat “that goes beyond the norm”. The bars are said to be designed to appeal to women who are constantly on the go. Commenting on the launch, a Nestle UK & Ireland spokesperson said: “Aero …
Nestle Waters is looking to expand its carbonated water business in the USA as sales of bottled water begin to outpace soft drinks, according to a report in the Wall St Journal cited by CPSnet. The company will tap into the trend for flavoured waters both by launching new products and by expanding capacity, with seven new production lines set to be built in 2015. New products are said to …
Nestle is in talks to sell its frozen food unit Davigel to food service operator Brakes Group as part of an effort to streamline its portfolio, according to an article in Reuters. Brakes, which is owned by Bain Capital, already has businesses such as Freshfayre and M&J Seafood within its portfolio, and it is said that a deal to acquire Davigel would enable the company to extend its presence in …
Nestle has unveiled a new product addition to its line of Maggi seasonings in Germany – Maggi Krauter & Bouillon Stock Cubes. The new ‘herb & bouillon’ cubes consist of a regular stock cube that is topped with a layer of parsley, chives and chervil and is available in three different varieties: Gemuse (Vegetable), Rind (Beef) and Huhn (Chicken). The three varieties are claimed to contain pure sea salt, with …
FMCG giant Nestle has announced that it is to invest €102 million ($108 million) to upgrade facilities and expand capacity at its coffee facility in Girona, Spain, according to a report in Distribucion Actualidad. The project will reportedly see production capacity at the facility increase by 30%, making it the largest soluble coffee factory in Europe. The latest investment is said to be focused entirely on meeting export demand, especially …
The British ice cream company R&R has announced the acquisition of the ice cream business of Nestle South Africa, in a move designed to increase its sales across the African continent. Nestle South Africa’s ice cream business includes brands such as Dairymaid, Country Fresh, Eskimo Pie and King Cone as well as Rolo and KitKat. The business has a manufacturing facility with nine production lines at Clayville, Johannesburg and approximately 200 …
Nestle Canada is re-launching the packaging of its Smarties confectionery to make it easier for consumers to eat the product in healthier portion sizes, according to a report in the Canadian Grocer. The new packaging format is 45 grams compared to 50 grams previously, and each box is described as being divided into three compartments containing 15 Smarties, adding up to 70 calories. Catherine O’Brien, vice-president of corporate affairs at …
Switzerland-based multinational Nestle has released its financial statement for 2014, showing an increase in organic sales over the prior year period. Nestle said that total sales of CHF 91.6 billion ($96.9 billion) for the year represented 4.5% organic growth and 2.3% real internal growth over 2013, despite an actual fall of 0.6% due to negative foreign exchange. Net profit meanwhile rose CHF 4.4 billion to CHF 14.5 billion ($15.3 billion). …
Nestle has extended its Nespresso coffee capsule range with new decaffeinated varieties. The company said it had selected three of its most popular Grand Cru coffee varieties and turned them into a decaffeinated version. The new decaffeinated Grands Crus will replace Decaffeinato and Decaffeinato Lungo, joining Decaffeinato Intenso to total 4 decaffeinated coffees within the Nespresso range “The new coffees were especially crafted to match the exceptional character and aroma …
Nestle has announced that it is selling its La Cocinera business to the Spanish arm of Findus for an undisclosed sum. The La Cocinera division manufactures ready-to-eat frozen foods including pastry products, croquettes, pasta meals, soups, processed meat products and other related frozen goods. The deal includes the La Cocinera brand and the Valladolid factory, where the products for the brand are manufactured, but chilled pastry and dough products sold …
Grupo Herdez, a leading producer of shelf-stable foods and frozen yogurt in Mexico, has signed an agreement to acquire the ice-cream business of Nestle Mexico (Helados Nestle) for Ps. 1.0 billion ($67 million). The acquisition includes an ice cream manufacturing facility in Lagos de Moreno, Jalisco, distribution equipment and freezers, as well as an exclusive long-term license to market and sell Nestle’s ice cream brands in Mexico. Under terms of …
Brazil, the world’s largest coffee producer in the world by volume, will be the site of a new production facility for Nescafe Dolce Gusto coffee capsules, Nestle’s first such plant outside Europe. The new facility is the result of a CHF 72 million ($73 million) investment and is intended to supply Brazil and other Latin American countries where demand for coffee products is rising. Nescafe Dolce Gusto is the most …
In a novel twist on the personalisation trend, Nestle has announced a new platform for its Purina brand that allows owners to create a unique dog food blend designed to meet the individual needs of their pet. Described by Nestle as “the first time a major pet food producer has moved into the personalised food category for dogs in the US market”, the system works via an online platform called …
Nestle has announced a A$65 million ($57 million) investment at its Purina pet care factory in Blayney, Australia. The upgrade is designed to extend the plant’s capabilities and will also create around 100 full time jobs, Nestle said. The move will take total investment in the location to A$100 million ($88 million) since 2011. The new facility will product wet pet food in pouches for sale in Australia, Japan, China …
Nestle has announced the inauguration of a new Dairy Farming Institute in China as part of a CHF 30 million ($32 million) investment to help modernise Chinese dairy farming practices. The aim of the operation is to enable local farmers to respond to the country’s milk demand in a sustainable, modern and efficient way in the coming years, the company said. China is one of the fastest growing markets for …
Nestle has announced that it is shedding the brands Alete and Milasan in a shake-up to its baby food portfolio in Germany. The company’s baby food offer will now be centred on its Beba brand, Nestle said in a statement, with the Alete and Milasan brands to be acquired by a consortium comprising German fund BWK and private investor Horst Jostock. The deal is to include rights to both brands …
Nestle has announced a five year plan that will see it invest ZAR 2 billion ($200 million) over the next five years to upgrade facilities at its production plants in South Africa. Announcing the strategy in a statement, Nestle said the new investment would be focused on capacity building, general capital refurbishment, biomass boilers and converting its Mossel Bay dairy factory to a water neutral one. The new investment was …
A new production facility manufacturing coffee capsules for the Nescafe Dolce Gusto range has opened its doors in Germany. Based in Schwerin, the plant is described as being the result of a €200 million ($259 million) investment and has a production capacity of around 2 billion capsules per year. As such it is the largest and most advanced plant for the production of Nescafe Dolce Gusto capsules in Europe. It …
Nestle Mexico has announced its intention to reduce the quantity of salt and sugar in its Gerber baby food, Enfasis Alimentacion reports. The move is part of the campaign “United by Healthy Children” designed to emphasize the company’s commitment to healthy eating . The measure will affect around 100 baby food items in the coming months. According to Mario Vega, Nestle Mexico’s vice president of communications, the Gerber line will …
Nestle has extended its Pure Life water brand in the USA, with a new fruit-flavoured Exotics range, Just Drinks reports. Described by Nestle as being “made by infusing all-natural essences of exotic fruits into sparkling water”, the range is free from both calories and sweeteners, according to packaging claims. Exotics targets consumers “who are moving away from carbonated soft drinks and other sugary beverages towards water as healthy hydration”, the …
Private equity firm Brynwood Partners VII has bought the struggling Juicy Juice brand from Nestle USA, Food Business News reports. Specialised in reduced sugar products for children, the Juicy Juice brand has seen its sales drop back in recent years due to increasing concern about healthy products. “We look forward to bringing renewed focus and attention to this great brand that has, and continues to hold, a special place with …
Nestle has announced the opening of a new extrusion facility in the 6th of October City on the outskirts of Cairo, Egypt. The plant – the company’s first confectionery facility in the country – will produce Crunch, a candy bar brand owned by the company. The extrusion line is an extension of the existing dry food factory where Nestle produces products for brands such as Maggi and Nescafe, and is …
Nestle is set to drop its Wonka brand of chocolate bars in the UK and Ireland less than a year after launch, European Supermarket Magazine (ESM) reports. The line, unveiled last September, is said to have exceeded £16 million ($27 million) in sales by the end of May 2014, but monthly sales have reportedly tailed off from an initial £3 million ($5 million) per month to just £1 million ($1.7 …
Nestle is aiming to capitalize on growth in the snack and breakfast food markets in the USA by launching new items under its Lean Cuisine and Stouffer’s brands, Just Food reports. The move is part of an attempt by Nestle to revitalise frozen sales by focusing on growth categories. According to data quoted by Just Food, while frozen foods in the US have seen sales decline over the last two …
Nestle has announced that it is to resume dairy production in various parts of South America in a deal that sees it buy back a number of facilities from dairy multinational Fonterra, as the two companies review their partnership in the region. Nestle and Fonterra first signed an agreement on dairy production in the continent in 2003, through the joint venture Dairy Partners Americas. The revised deal will see Nestle …
Nestle has launched 200 limited edition jars for its Nescafe coffee fitted with “alarm clocks” in the cap, as part of its “Wake Up To Life” campaign. The alarm clocks feature seven different tones synchronized with small pulsing lights designed to gently rouse the consumer from sleep. According to PSFK, each “alarm cap” is made via high resolution 3D printing and assembled by hand. The cap features an LED interface …
With Easter 2014 fast approaching, major companies across the globe have unveiled their latest Easter product offerings, taking full advantage of what is seen as a significant holiday for the confectionery industry. In the UK, over 90 million Easter eggs are said to be sold each year, while in Australia and the USA consumers are claimed to spend over AU$3 billion ($2.8 billion) and $2 billion respectively. In the US, …
R&R Ice Cream has added a new Kit-Kat Ice cream cone format to its range for 2014. This new ice cream is the latest expansion to the Nestle range by R&R which already includes Fab, Rowntrees Fruit Pastilles and Milky Bar, and aims to capitalise on the brand strength of KitKat with a growing market for ice creams. The Kit-Kat cone will be available across all major supermarkets from March …
Nestle Japan has announced the launch of its latest innovation under the KitKat brand – a chocolate bar that can be eaten as a conventional snack bar but can also be “baked” for 2 minutes, changing the texture. Named “Yaki Cream Cheese” (“Yaki” means baked, toasted, or grilled in Japanese), the new product has been developed in collaboration with Japanese chocolatier Takagi and is due to be released on the …
Leading Italian coffee producer Segafredo Zanetti is expanding into the capsules market with the launch of two new lines compatible with Nestle’s Nespresso machines. The tea range will be marketed under the Nespresso sub-brand Brodies and will comprise four varieties: Breakfast, Earl Grey, Green Tea, and Assam Black Tea. It will retail in boxes of ten capsules, sold for 3.50€. Meanwhile the coffee line will be sold under the Segafredo …
Gama spoke to Jose Luis Martinez, Communication and Marketing Services Director, Nestle Spain. What are your day to day activities? First of all let me say that I have only been responsible for Communication and Marketing Services since January 2014. So frankly my daily activities right now are focused on catching up. If I had to qualify my day to day work I would say that is diverse and intense. …
As part of a new marketing campaign designed to boost the company’s fortunes in the stagnant baby food market, Nestle is to launch a new temporary “restaurant for babies” in an attempt to bring the brand closer to consumers, E-Marketing reports. The campaign will see 275 babies and their parents – chosen at random from applicants through the Nestle website – invited to a new “restaurant”, dubbed “Le P’tit Resto”, …
In its attempt to shrink its product portfolio, Swiss-based food giant Nestle has agreed to sell an 8% stake (equal to 48.5 million shares) back to L’Oreal, meaning its ownership will fall back to 23.29% once the deal is closed In exchange Nestle will receive $4.64 billion in cash and a 50% stake in Galderma, a Swiss skincare company valued at 3.1 euro ($4.2 billion), through which it will set up …
Nestle has opened its first KitKat store in Tokyo’s Ikebukuro neighbourhood, dedicated to the chocolate-coated wafer bars. The store features special versions of the product created in collaboration with Japanese chocolatier Takagi, some of which are unavailable elsewhere. “KitKat is close to being a cult product in Japan, and it is a very special market for us,” said KitKat’s Global Brand Manager, Stewart Dryburgh. “I’m thrilled that this shop will allow us to showcase …
Swiss food manufacturer Nestle has entered a partnership with the Singapore government Agency for Science, Technology and Research (ASTAR) with the aim of establishing a global R&D platform for functional products, Just Food reports. A three year framework has been agreed for research focusing on nutrition, packaging, data analytics and biotransformation. According to Just Food, Nestle has focused increased NPD effort on the functional arena in recent times in an …
Nestle is to launch a new media campaign for its Nescafe Original instant coffee, Talking Retail reports. The campaign will include TV and radio advertising, alongside social media promotions and a sampling campaign in which 1 million samples are to be handed out. The aim of the new campaign is stated to be to inspire British consumers to have a more positive, “can do” attitude. The ‘red mug’ imagery associated …
Nestle has announced that it has entered into a partnership with biotechnology firm Cellular Dynamics International (CDI) as it seeks to invest in research into diet and diseases. In statement, CDI stated that it had signed a long-term agreement to supply stem cells to the Nestle Institute of Health Sciences, although the financial terms were not disclosed. The new venture will reportedly allow Nestle to increase its capacity to develop …
Global food and drinks manufacturer Nestle is to sell its diet and weight management business Jenny Craig to US-based private equity group North Castle Partners. Jenny Craig supplies diet and fitness programmes that can be tailored to suit the consumer’s needs and has been part of the Nestle group since 2006. North Castle Partners is a consumer private equity firm that is orientated around health, well being and active living …
To cater for the growing Saudi Arabian market, Nestle has expanded a plant in Turkey with the addition of lines to produce Maggi bouillon products. The company has invested $10.9m in their cereal plant located in Karacabey, in western Turkey, creating around 100 new jobs. The expansion of the plant, which first opened in 1989, will now allow Nestle to produce its Maggi bouillon brand for the Saudi Arabian market. …
The second half of 2013 will see little change in prospects for the FMCG market in Poland, according to Nestle. This means that for many companies in the country, including Nestle, things will still not be easy, the company said. According to Chandra Kumar, MD and financial director of Nestle Poland, there has been a noticeable slowdown in the Polish market in recent times. Despite this, opportunities still exist for …
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