Putin nationalizes Nestlé and Auchan’s russian operations
Russia is placing the Russian operations of Nestlé, Auchan, and Lemana Pro—the former Leroy Merlin—under its own "temporary" management. Once again, several major Western…
Actualité européenne des PGC
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Nestlé reviews options as Russia seizes assets
Nestlé is assessing its options after Russia placed the Swiss giant's operations in the country under "temporary administration". The post Nestlé reviews options as Russia seizes…
Nestlé faces infant formula legal dispute with India’s FSSAI
Nestlé is facing “legal action” from India’s food-safety regulator over accusations of “non-compliance” in the Swiss giant’s infant formulas. The post Nestlé faces infant formula…
Nestlé weighs options after Russia takes control of local business
Nestlé is weighing its options after the Kremlin placed the company’s Russian business under temporary external administration. The Nescafé and KitKat maker said it was assessing…
Nestlé Weighing All Options After Kremlin Moves To Seize Russia Business
Nestlé said that it was weighing all options to protect its rights after the Kremlin's decision to take control of the Swiss food maker's...
Nestlé, PepsiCo join push to scale paper-based flexible packaging
The food giants are among the founding members of a CPG consortium to accelerate innovation for plastic alternatives.
Nestlé, PepsiCo join forces on paper packaging push
Nestlé and PepsiCo are among six consumer goods companies joining forces to accelerate the development of paper-based alternatives. The post Nestlé, PepsiCo join forces on paper…
Nestlé ‘not happy’ with food giant’s performance in North America
CFO Anna Manz said “more needs to be done” to improve execution in the region, particularly for creamers and its Gerber brand.
Nestlé raises prices due to rising costs in the Middle East
Nestlé is raising prices, adjusting recipes, and discontinuing products that consumers are unwilling to pay enough for. The company says it has no choice, as CEO Philipp Navratil…
Nestlé ramps up Brazil cocoa sourcing amid global supply pressures
Nestlé is increasing the amount of cocoa it sources from Brazil to diversify its supply chain, following a period of record commodity prices and disruption to global production…
Nestlé CFO exudes confidence on targets with bolt-on deals on horizon
Nestlé’s pet care and coffee businesses are delivering target growth, helping in a bid to return to historical margins. The post Nestlé CFO exudes confidence on targets with…
Nestlé invests in Purina pet-food production in Thailand
Swiss major Nestlé is spending more than SFr157m ($194.1m) on “strengthening” Purina pet-food production in Thailand. The post Nestlé invests in Purina pet-food production in…