Nestlé and Platinum Equity to create joint venture
Nestlé and Platinum Equity announce a plan to create Peranel, a 50:50 joint venture for Nestlé’s waters and premium beverages business, designed to establish a dedicated player…
Food news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
“It’s now all about consistent execution” – Nestlé H1 takeaways as CEO Philipp Navratil guns for 3-4% growth
Nestlé has strengthened its organic growth guidance but there’s some catch-up work to do in some categories that are off the pace. The post “It’s now all about consistent…
Nestlé Pushes For Simpler US Food Labels To Shed 'Frankenstein' Ingredients Image
Nestlé has been lobbying US authorities to allow simpler descriptions using common rather than scientific names on packaging.
Froneri ploughs €30m into new ice-cream production lines in Germany
Froneri, the ice-cream partnership between Nestlé and PAI Partners, is investing €30m ($34.1m) to add new production lines in Germany. The post Froneri ploughs €30m into new…
Nestlé finds solution for its water division through joint venture with Platinum Equity
Nestlé has found a long-awaited solution for its water division: the group is transferring brands such as Perrier, S.Pellegrino, and Acqua Panna to a new joint venture with the…
Nestlé strikes €3bn waters deal as sales beat forecasts
Nestlé has agreed to place its global water business into a €4.9bn (£4.3bn) joint venture as the KitKat and Nescafé maker posted better-than-expected second-quarter sales growth…
Nestlé Beats Q2 Organic Sales Expectations, Forms Waters Joint Venture
Nestlé beats Q2 sales expectations and is targeting €3bn from a new waters joint venture with Platinum Equity.
Nestlé Brasil Invests €93m To Expand And Modernise Araçatuba Plant
Nestlé Brasil is investing R$ 540 million (€93.3 million) in its São Paulo facility, which produces infant and medical nutrition.
Nestlé Purina To Invest CHF 520m In Pet Food Facility In Italy
Nestlé Purina plans to invest CHF 520 million (€562.12 million) in a new pet food plant and logistics facilities in Mantova, Italy.
Nestlé to build pet-food plant in Italy
Purina owner Nestlé is eyeing rising demand for “super-premium wet pet food” and building a new factory in Italy. The post Nestlé to build pet-food plant in Italy appeared first…
Nestlé to shut confectionery plant in Hungary
Nestlé plans to close a confectionery site in Hungary, citing a “decline in demand” for seasonal chocolate products. The post Nestlé to shut confectionery plant in Hungary…