Italy: Nestle to sell confectionery brands
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 […]
Gama Innovation Award: Nescafe Azera Coffee To Go
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 […]
India: Nestle introduces “insta-filter” coffee
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 […]
Switzerland: Nestle and R&R Ice Cream form Froneri joint venture
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 […]
South Africa: Nestle inaugurates instant coffee plant
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, […]
Germany: Nestle to close coffee plant in Mainz
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 […]
Switzerland: Nestle breaks ground on facility in north Vietnam
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 […]
Italy: Nestle to invest in Baci Perugina brand
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 […]
Brazil: Nestle to invest $100 million to increase production
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 […]
Switzerland: Nestle sees 4.2% organic growth in 2015
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 […]