Portugal: Nestle rebrands and launches new Greek yoghurt drink
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 […]
Uruguay: Nestle to build new operations centre
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 […]
USA: Nestle mulling sale of confectionery business
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 […]
Switzerland: Nestle invests in new plants in Latin America
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 […]
Australia: Nestle launches new breakfast range
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 […]
Brazil: Nestle negotiating sale of brands to competitors – reports
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 […]
Italy: Frosta confirms plans to acquire Nestle’s frozen food brands
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] […]
Switzerland: Nestle and Coca Cola to end Nestea joint venture
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 […]
Switzerland: Nestle nears agreement to construct plant in Cuba
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 […]
USA: Nestle, Danone and Origin Materials team up
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, […]