Iceland reduces prices of Nestlé baby formula products as part of UK market probe
In a move to address the scrutiny on the cost of infant formula in the UK, UK retailer Iceland Foods is reducing the price of...
Tag : Nestlé
Competition watchdog in Turkey announces Nestlé’s fine
Nestlé has faced a fine of Tl346.9m ($11.2m) from competition officials in Turkey for violating competition laws. Back in January, Nestlé, known for Aero chocolate,...
Nestlé Cereals Manufacturer Utilizes First Electric Truck for Operations
Nestlé Cereal Partners UK (CPUK), the manufacturer of Nestlé Cereals, has taken a significant step towards its goal of achieving net zero emissions by 2050...
First Milk, a UK milk and cheese co-op, completes acquisition of BV Dairy
Scottish dairy co-operative First Milk has acquired English peer BV Dairy. The acquisition was completed for an undisclosed sum. First Milk CEO Shelagh Hancock believes...
Nestlé announces sale of Nordic culinary sauce brands to Solina
Nestlé has agreed to sell two of its cooking sauces and stocks brands, Oscar and Puljonki, to French ingredients supplier, Solina. The deal, expected to...
Nestlé offloads French pizza site to Italpizza
The sale of Nestlé’s pizza manufacturing plant in France to Italy’s Italpizza has been confirmed. The plant was at the center of a fatal E....
Nestlé in discussions to offload baby food brands in France
Nestlé is in talks to sell its baby food unit in France to the Parisian private equity group FNB. The potential sale, which is expected...
Getting rid of off-flavors in plant-based meat substitutes
International Flavors & Fragrances (IFF) has joined forces with British multinational Unilever and Dutch university Wageningen University & Research (WUR) to address the widespread issue...
Nestlé introduces new KitKat made with cocoa sourced from farmer income accelerator program
Nestlé has launched an innovative range of KitKat chocolate, leveraging the cocoa grown by farmers participating in its income accelerator initiative. Known as KitKat Breaks...
PAI Partners considers options regarding its stake in a joint venture with Nestlé
PAI Partners is currently considering the possibility of selling its stake in Froneri, its ice-cream venture with Nestlé. The private-equity firm is in the early...