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Nestle Confectionery Appoints Mark Davies As Managing Director For UK & Ireland

Food giant Neste has announced the appointment of Mark Davies as managing director for Nestle Confectionery in the UK and Ireland.

20 Mar 2023

Nestle Cereals has announced the launch of KitKat Cereal, which will be available at major retailers from mid-Apr

08 Mar 2023

Nestle Launches Plant-Based Egg Product in Latin America

Nestle announces it has developed a plant-based powdered egg mix which is being tested under the Malher brand in Central America

28 Nov 2022

Nestle in Rs. 2 bn factory expansion

Nestle Lanka reaffirms its commitment towards Sri Lanka by investing over Rs. 2 billion in its state-of-the-art factory in Kurunegala by building a new Vacuum Band Dryer. Aimed at expanding the capacity of its manufacturing facility for malted food,

26 Nov 2022

Perrigo to invest $170M to acquire Gerber infant formula plant from Nestle, make facilities improvements

GRAND RAPIDS Perrigo Co. plc would add capacity to produce infant formula through a $170 million deal to acquire a plant in Eau Claire, Wis. along with investments in existing facilities. The deal with Nestle SA for the Gateway infant formula facility.

01 Nov 2022

Nestle to acquire Seattle's Best Coffee

Nestle SA is acquiring Seattle’s Best Coffee from Starbucks Corp., Seattle. Terms of the agreement were not disclosed. The acquisition will allow Nestle to add Seattle's Best Coffee to the global coffee alliance, a partnership between Nestle and Starbucks, and add depth to Nestle's North Ameri

19 Oct 2022

Nestle to Acquire Brazilian Foodtech Puravida

Nestle SA on Monday said its Nestle Health Science unit has reached a deal to acquire Brazilian organic, natural, plant-based food maker Puravida. The company said in a statement that it sees Puravida's portfolio as complementary to its own,

23 May 2022

Nestlé Health Science to buy majority stake in nutrition company Orgain

Nestlé Health Science has agreed to purchase a majority stake in functional nutrition company, Orgain, from founder and CEO Andrew Abraham and Butterfly Equity. Following the deal, Abraham and private equity firm Butterfly will retain “significant

03 Feb 2022

Nestle Health Science to acquire Orgain from Butterfly

LOS ANGELES – Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced that Nestlé Health Science has agreed to acquire a majority stake in its portfolio company Orgain, the U.S.’ leading plant-based

02 Feb 2022

Share prices rise as Nestlé cuts its stake in L’Oréal

Nestlé [NESN] has cut its stake in L’Oréal [OR], the French cosmetics business that it has been a major shareholder in for almost five decades. In a deal worth $10bn, Nestlé agreed to sell 4% of its shares back to L’Oréal.

14 Dec 2021

Nestle Cuts Stake in L'Oreal With $10 Billion Deal

Nestle SA has agreed to cut its stake in L'Oreal SA by selling $10.0 billion of shares back to the French cosmetics maker, the latest development toward a long-speculated decoupling of two of the world's biggest consumer-goods companies.

08 Dec 2021