South Korea: Nestle and Lotte Group to end Lotte-Nestle Korea joint venture
Nestle, the food and drink multinational, and South Korean food group Lotte Wellfood have agreed to end their Lotte-Nestle Korea joint venture by the first quarter of 2026. Initiated in June 2014, the Lotte-Nestle Korea partnership operates as a 50-50 joint venture, manufacturing and distributing Nescafe instant coffee, chocolate powder drinks, fruit powder drinks, pet […]
Spain: Nestle to invest €15 million in ‘eco-friendly’ packaging production
Nestle, the consumer goods giant, has announced it is investing €15 million ($16 million) at a plant in Girona, Spain to begin production of recyclable packaging for Nescafe instant coffee and Nescafe Dolce Gusto coffee capsules. The investment will enable the local production of refill bags for Nescafe instant coffee, ranging in size from 75g to […]
Australia: Nestle to invest A$30 million to upgrade KitKat factory
Nestle, the Swiss consumer goods giant, has announced an investment of A$30 million ($18.9 million) in digital technology and artificial intelligence (AI) at its Campbellfield factory in the Australian state of Victoria to upgrade manufacturing operations and support increased production capacity, especially for KitKat chocolate wafers. Commenting on the move, Nestle general manager confectionery Andrew Lawrey […]
USA: Nestle expands Vital Pursuit line with Max Pro frozen pizza
Nestle, the Swiss consumer goods giant, has announced the launch of Max Pro, a line of frozen pizza in the USA under the Vital Pursuit brand umbrella. The new pizzas contain 33g of protein and 17g of fibre per serving and are available in Cheese Lovers and Chicken Mozzarella varieties with a suggested retail price of […]
USA: Nestle launches “liquid espresso concentrate”
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 […]
Switzerland: Nestle to sell Egmont Honey brand
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 […]
Switzerland: Nestle to spin off water and premium beverages business
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 […]
USA: Nestle to invest $150 million in frozen food plant
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 […]
Australia: Sanitarium to acquire Nestle’s Vita Brits breakfat cereal brand
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 […]
UK: Nestle invests in Purina pet food plant
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 […]