Nestle SA

Starbucks partners drinks maker Tingyi to expand in China

Starbucks Corp (SBUX.O) will partner Taiwanese drinks maker Tingyi Holding Corp (0322.HK) to produce and sell ready-to-drink (RTD) beverages in China, becoming the latest global firm to latch on to a local peer to expand in the tricky market.

Read Full Article

Food companies aim to reinvent diet foods to stay relevant

U.S. consumers are shifting away from weight-management foods, forcing companies ranging from Kellogg Co to Nestle SA to change ingredients and focus their marketing on different health benefits as sales slip.

Read Full Article

Nestle looking at options to reduce L'Oreal stake: Bloomberg

Nestle, the world's biggest food company, is looking at ways to reduce its $30 billion stake in cosmetics firm L'Oreal, Bloomberg reported on Saturday, citing sources with knowledge of the matter.

Read Full Article

Nestle sells US pasta maker Joseph's Pasta to Brynwood Partners

World food giant Nestle has sold its US frozen pasta business Joseph's Pasta Co. to private equity firm Brynwood Partners VII. Nestle acquired the Haverhill, Massachusetts pasta marker in 2006.

Read Full Article

Turkish owner of Godiva chocolates to buy DeMet's Candy for $221 million

Yildiz Holding, the Turkish owner of Godiva chocolates, will acquire Flipz and Turtles maker DeMet's Candy Co. for $221 million. DeMet's is owned by Connecticut private equity firm Brynwood Partners.

Read Full Article

Swiss food giant Nestle to divest USD1.27 billion Givaudan stake

Switzerland-based food group Nestle SA is divesting its Givaudan SA shares worth USD1.27 billion to institutional investors, according to a statement on the company's website.

Read Full Article

Ferrero won't go public or sell out, eyes expansion in Asia and US instead

Italy's richest man Giovanni Ferrero said that chocolate company Ferrero SpA has no plans to go public or sell out to a bigger rival. Ferrero unveiled his company's vision to expand in Asia and the US in the next decade.

Read Full Article

Nestle sells Jenny Craig to hedge fund firm

In a bid to trim its portfolio, Nestle had sold to North Castle Partners its interest in weight loss brand Jenny Craig.

Read Full Article

Nestle rival Super Group Ltd seeks first acquisition

Super Group Ltd. announced plans to make first acquisition in ten years.

Read Full Article

Nestle SA seeks retention of S&P Credit Rating

Nestle SA has a AA credit rating from S&P, which would determine the future acquisitions it would be making.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics