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confectionery business
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Nestle Buys Majority Stake in Organic Food Firm Terrafertil
Feb 13, 2018Food 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
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Nestle Japan Unveils Ruby Chocolate Kitkat
Jan 22, 2018Nestle 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 ...
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Nestle to Sell US Confectionery Business to Ferrero for $2.8bn
Jan 18, 2018Nestlé 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. ...
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Nestle Buys Minority Stake in US Prepared Meals Producer Freshly
Jun 21, 2017Nestlé 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
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Nestle Exploring Sale of US Confectionery Business
Jun 19, 2017Nestlé 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 ...
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Mondelez to Invest $24m to Ramp up Production Capacity of Confectionery Plant in Turkey
Nov 18, 2014Mondelez 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 ...
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About 3000 Tonnes of UTZ Certified Cocoa Is Now Being Used to Produce Leading Brands
Feb 26, 2013With 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
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Sustainable Cocoa Supply Was Found by Nestle Australia in West Africa
Feb 19, 2013Nestlé 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 ...
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A US 'activist' Investor Who Has Stamped His Authority on Heinz
Dec 14, 2012A 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 ...
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David Rennie Has Been Appointed VP of The Group's European Operations
Dec 11, 2012The 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
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Nestle Has Invested CHF121m in Its Facility in Goa
Dec 11, 2012Nestle 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
