Brazil: Nestle to invest over BRL$1.8 billion in 2022
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 […]
Switzerland: Nestle Health Science to acquire majority stake in Orgain
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 […]
USA: Nestle to invest $70 million to remodel factory
Nestle has announced an investment of $70 million in its Burlington factory to start manufacturing Nestle Toll House refrigerated cookie dough. According to sources, the plant used to produce candy bars such as 100 Grand, Nestle Crunch, and Buncha Crunch. Nestle sold its confectionery business to Ferrero in April 2018, but the Burlington factory was […]
Indonesia: Nestle Indonesia starts to build a new dairy facility in Java
Nestle Indonesia, a subsidiary of multinational food and drinks giant Nestle, has started the construction of a US$ 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 […]
USA: Nestle in discussions to acquire The Bountiful Company
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 […]
USA: Nestle to acquire alkaline water Essentia
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 […]
UK: Nestle to acquire recipe company SimplyCook
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 […]
Switzerland: Nestle to sell Nestle Waters North America
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, […]
China: Nestle launches Harvest Gourmet brand
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 […]
China: Nestle to sell Yinlu business to Food Wise
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, […]