Austria: Nestle to close plant in Linz
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 […]
Thailand: Nestle Waters to open a new facility
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 […]
Switzerland: Nestle to invest in gluten-free facility in New Zealand
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 […]
USA: Nestle USA moving headquarters to Virginia
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 […]
Brazil: Nestle to open new pet food plant
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 […]
UK: Major firms vying to acquire Weetabix – reports
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 […]
Egypt: Nestle signs agreement to buy Caravan Marketing
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 […]
USA: Nestle and Hostess Brands to team up for ice cream launches
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 […]
USA: Nestle to sell Nutrament brand to Harvest Hill
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, […]
Switzerland: Nestle opens UHT milk facility in Sri Lanka
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 […]