Hershey to submit initial bid for Nestlé’s US candy business

USA – US chocolate giant producer, Hershey, is preparing to submit its initial bid to Nestlé’s US confectionery business, which makes sweets including Butterfinger, Baby Ruth, Sno-Caps and Laffy Taffy. Nestle had announced in June, that it would explore strategic options, including possible sale for its US chocolate and candy business. The business on the…

Nestlé to build its first infant formula plant in Russia

RUSSIA – Nestlé is building its first infant formula plant in Russia and the Eurasian region, as the world’s leading nutrition, health and wellness company invests to meet rising demand in the region. “The factory in Vologda is a strategic plant for Nestlé in Russia and CIS, the only factory producing Nestlé infant formula in…

Nestle Breakfast Cereals adopt colour-coded labelling in UK

UK – Nestle Breakfast Cereals have adopted the UK Government’s colour-coded labelling system, beginning October 2017. The labelling system, which features red, amber and green boxes, shows the amount of sugar, salt, energy and fat in each product, and is already underway. Nestle Breakfast Cereals had already reduced the amount of sugar content of its…

Nestle Nigeria rolls-out Milo RTD as competition heats up

NIGERIA - Nestle Nigeria Plc on Tuesday at its Lagos Headquarters unveiled a ready-to-drink version of MILO, the company’s flagship brand. The company which launched the new RTD at a Retailers’ Conference said that the product is made from natural products like cocoa, malt and milk, adding that it contains no preservatives and provides essential…

Nestlé Zim retrenches, confirms future plans

ZIMBABWE - Multi-national food and drink company, Nestle Zimbabwe, has embarked on a retrenchment exercise, as part of the company’s “business optimisation activities”. The exercise, which was voluntary, saw more than 20 workers exiting the company, which employs more than a 100. “Despite our initiatives, and largely due to technological and systems upgrades, we carried…

Nestlé India launches KIT KAT Dessert Delight on Bigbasket

INDIA – The Fast Moving Consumer Goods (FMCG) major, Nestlé, has launched the all-new KIT KAT Dessert Delight on a popular online food and grocery store, Bigbasket and thus extended its presence online. “KIT KAT has been a benchmark for innovation in the coated wafer category. Keeping the brand’s ethos in mind, we aim to…

Pladis passes on Nestle’s candy in favor of upmarket push

TURKEY - Pladis, the owner of Godiva chocolate and McVitie’s biscuits, has decided not to bid for Nestle’s U.S. confectionery assets, preferring to pursue a more upmarket strategy. Chief Executive Cem Karakas had earlier told Reuters the Turkish-owned company was looking at the U.S. portfolio Nestle put on the block in June, which includes regional…