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Nestle Buys Majority Stake in Organic Food Firm Terrafertil

Feb 13, 2018

Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...

Tags: Nestle, Organic Food

Nestle Japan Unveils Ruby Chocolate Kitkat

Jan 22, 2018

Nestle Japan is all set to commercialize the first ever natural pink ruby-flavored chocolate by introducing the new KitKat Chocolatory Sublime Ruby bars in Japan and South Korea. The ruby chocolate used in the new KitKat product, dubbed ...

Tags: Nestle, Chocolate

Nestle to Sell US Confectionery Business to Ferrero for $2.8bn

Jan 18, 2018

Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...

Tags: Nestle, Ferrero

Nestle Buys Minority Stake in US Prepared Meals Producer Freshly

Jun 21, 2017

Nestlé USA has forayed into the direct-to-consumer (DTC) prepared meals business by acquiring a minority stake in Freshly. The Nestle subsidiary was the leading investor in a $77m funding round in the DTC healthy prepared meals ...

Tags: Nestle, Prepared Meals

Nestle Exploring Sale of US Confectionery Business

Jun 19, 2017

Nestlé is considering a sale of its US confectionery business, which includes brands such as Butterfinger, Baby Ruth and Crunch chocolate bars. The food and beverage giant is exploring strategic options, which would pertain to only ...

Tags: Nestle, chocolate

Mondelez to Invest $24m to Ramp up Production Capacity of Confectionery Plant in Turkey

Nov 18, 2014

Mondelez International is planning to invest $24m to ramp up production capacity of its confectionery plant in Gebze, Turkey. The investment will see the installation of a new processing and packaging line, which will increase the ...

Tags: Mondelez, gum, Turkey

About 3000 Tonnes of UTZ Certified Cocoa Is Now Being Used to Produce Leading Brands

Feb 26, 2013

With canteen products growing in importance as an office supplies category, Nestlé Australia has announced that every chocolate it sells is now independently certified to ensure the cocoa is sourced and produced sustainably on farms ...

Tags: Nestle Chocolates, Sustainability Box, office supplies category

Sustainable Cocoa Supply Was Found by Nestle Australia in West Africa

Feb 19, 2013

Nestlé Australia has announced that every chocolate it sells is now independently certified to ensure the cocoa is sourced and produced sustainably on farms with safe working conditions. More than 3,000 tonnes of UTZ Certified ...

Tags: Nestle Australia, Sustainable Cocoa, West Africa

A US 'activist' Investor Who Has Stamped His Authority on Heinz

Dec 14, 2012

A US 'activist' investor who has stamped his authority on Heinz, Cadbury and Kraft has taken a euro242M (€300M) stake in Danone, vowing to improve its profitability. Nelson Peltz, the head of Trian Partners, said the maker of ...

Tags: investor, Heinz, Cadbury, Kraft, Danone

David Rennie Has Been Appointed VP of The Group's European Operations

Dec 11, 2012

The managing director for Nestle's confectionery business in the UK, David Rennie, has been appointed VP of the group's European operations. Rennie, who has led the Kit Kat firm's UK confectionery unit since January 2009, will be tasked ...

Tags: confectionery, confectionery business, confectionery unit, dairy

Nestle Has Invested CHF121m in Its Facility in Goa

Dec 11, 2012

Nestle has invested CHF121m (US$124.4m) in its facility in Goa, India in a bid to boost production capacity. The facility, which produces Kit Kat and Munch branded products, is expected to create around 250 jobs and increase the company's ...

Tags: Nestle, chocolate facility, sauces, noodles, bouillons

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