Nestlé takes majority stake in high-end coffee marker Blue Bottle

USA - Nestlé has announced its acquisition of a majority stake in the California-based Blue Bottle Coffee, a high-end specialty coffee roaster and retailer to increase its presence in the high-end market. Nestlé, the world’s largest food and drinks company, will be paying US$500million for a 68% stake in Blue Bottle Coffee, which operates in…