Swiss food giant Nestle and Britain’s R&R Ice Cream have completed establishing a joint venture Froneri to combine their activities in ice cream, frozen food and chilled dairy. The joint venture will integrate both the ...
Tags: Nestle, R&R Ice Cream, Froneri
China will continue to offer potential for high growth to coffee beverage players, experts said. For, new consumers are being continually attracted to support the ready-to-drink or RTD coffee and coffee pod machines, they said. Hope ...
Tags: coffee beverage, coffee pod
Swiss food giant Nestlé has signed a deal with US-based private equity firm North Castle Partners to sell its Jenny Craig businesses in North America and Oceania, for an undisclosed amount. Established in 1983, Jenny Craig offers ...
Tags: Nestle, Diet Business
Nestlé's growth has "regained momentum", with Europe outperforming the market, according to ceo Paul Bulcke, commenting on nine month sales figures. Nescafé Dolce Gusto gained market share from January to September this ...
Tags: Agriculture, Food, Nestlé
A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal. The global food and drink ...
Tags: Nestlé
Swiss food giant Nestlé has opened two new factories in China - a Yinlu Foods facility in Anhui Province and a Nescafé coffee factory in Shandong Province, with an investment of CHF319m ($336m) and CHF133m ($140.1m) ...
Nestle has announced the opening of the new 35m bottling and warehouse facility at Waterswallows in Buxton, as part of its plans to invest 500m in the UK over three years. According to the company, the new production lines have enabled ...
Tags: Nestle, bottling facility, bottling
The boss of the world’s biggest food company Nestlé, Paul Bulcke has blamed the horsemeat scandal on a criminal minority, who threatened to undermine trust between consumers and the food industry. Nestlé boss Paul ...
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Swiss food company Nestlé has reported that its net earnings increased 11.57% to CHF10.6bn ($11.5bn) in 2012, compared to CHF9.5bn ($10.35bn) in 2011. The company posted 10.2% increase in net sales to CHF92.2bn ($99.97bn), compared ...
Tags: Nestle, 2012, Net Earnings
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa. The Swiss food giant this morning (14 February) ...
Tags: Nestle, emerging markets, food giant
Nestle has booked an increase in first-quarter sales thanks to strong growth in emerging markets offsetting a weaker performance in the US and Europe. Group sales in the first three months of 2012 came in ahead of analyst expectations ...
Tags: Nestle, sales, emerging market, food market
Nestle has extended the remit of Luis Cantarell, head of its health science division, to include the oversight of its nutrition arm. The move follows the exit of Kurt Schmidt, deputy EVP in charge of Nestle Nutrition, who is leaving the ...
Tags: Nestle, Luis Cantarell, health science division, nutrition
Swiss food company Nestlé has reported an 8.9% increase in profit to CHF 5.1bn ($5.2bn) for the first half of 2012, compared to CHF4.7bn ($4.8bn) in 2011, helped by higher pricing and strong demand from emerging markets. Sales ...
Swiss food company Nestléhas reported 11%increase in sales to CHF67.6bn($72.8bn)for the first nine months of 2012,compared to CHF60.8bn($65.4bn)for the same period in 2011. The company said its business increased by 11.7%in ...
Tags: business increased, emerging markets, developed markets