The transaction is expected to close end of March following an information process with employees where required Nestlé announces an agreement to sell its Nordic Professional Premium Culinary business, which includes the brands OSCAR and PULJONKI, as well as two factories located in Roennede, Denmark, and Juuka, Finland, to Solina.[Read More…]
Tag: Nestlé
First KitKat using cocoa from Nestlé income accelerator launches in Europe
Nestlé’s income accelerator program has so far supported more than 10,000 families in Côte d’Ivoire and is expanding to Ghana this year to include a total of 30,000 families Nestlé has introduced the first KitKat made with cocoa mass from beans grown by farmer families engaged in the company’s income accelerator. This KitKat aims to[Read More…]
Nestlé Vietnam invests $100 Mn in coffee factory to meet consumer demand
The company is the largest coffee buyer in the country, with annual purchases reaching up to $700 million Nestlé Vietnam announced a $100 million investment to increase the production capacity of its Tri An coffee factory, located in the southern province of Đồng Nai. This will help the company meet growing local[Read More…]
Nestlé partnership sees extra payment offered to Fonterra farmers
One year on from announcing a partnership designed to help reduce on-farm emissions, Fonterra and Nestlé are pleased to confirm the next step they’re taking to support farmers with their sustainability actions A new agreement will see Nestlé fund an additional payment to farmers who achieve one of the three levels of[Read More…]
Nestlé launches Maggi soya chunks
Maggi Soya Chunks, a tasty, affordable, plant-based meat alternative that enables consumers in Central and West Africa to add high-quality protein to their everyday food Nestlé is actively exploring the use of plant-based ingredients to bring nutritious proteins to consumers affordably and sustainably. The company recently launched Maggi Soya Chunks, a tasty, affordable,[Read More…]
Nestlé to move lower carbon alternatives for shipping
By switching to cargo ships that use fuels made from waste, such as used cooking oil, the company aims to reduce its annual greenhouse gas emissions from shipping by around 200,000 metric tonnes of CO2 equivalent Working with three of the world’s largest shipping companies, Nestlé will move the equivalent of half[Read More…]
Nestlé to invest R$6 Bn in Brazil by 2025
Nestlé aims to expand the industrial park by 2028, adding a total of six exclusive lines in the inner city of São Paulo Nestlé plans to invest BRL 6 billion in food and drink production in Brazil, with payments scheduled between 2023 and 2025. The funds will primarily be allocated[Read More…]
Nestlé develops N3 milk launches first in China
This includes a full cream and a skimmed milk product, both of which are high in protein to support a well-balanced diet for the entire family Nestlé announced that it has developed N3 milk. Made from cow’s milk, it has all the essential nutrients found in milk such as proteins, vitamins, and[Read More…]
New Zealand’s Fonterra and Nestlé complete sale of DPA Brazil
Fonterra and Nestlé sold the JV for BRL 700 million, which is approximately NZD 240 million at current exchange rates New Zealand-based Fonterra Co-operative Group Ltd confirmed that the sale of Fonterra and Nestlé’s Dairy Partners Americas (DPA) Brazil joint venture (JV) to French dairy company Lactalis is complete. Miles[Read More…]
Nestlé makes further headway in shaping a waste-free future
Nestlé is working to reduce the amount of its packaging overall Nestlé has made considerable progress in reducing its packaging, creating better packaging and improving waste management. Since signing up for the Global Commitment on Plastic Waste five years ago, the company and other leading signatories have significantly outperformed the[Read More…]
