UK – The global food and drink giant, Nestle has opened a new global research and development centre for maternal and infant nutrition at its manufacturing facility in Limerick, Ireland. The centre, its first in Ireland attracted an investment of US$30.65 million (€27million) and was inaugurated by Michael Creed, Minister for Agriculture, Food and the…
GERMANY – The Switzerland based food and beverage giant Nestle has announced that it will close two locations and reduce the workforce at two others, putting a total of 360 jobs at risk. A Reuters report indicates that the move was blamed on lower demand and the company was looking to shift the production operations previously…
SWITZERLAND – Nestle has announced that it has created the Nestlé Institute of Packaging Sciences with a goal to develop functional, safe and environmentally friendly packaging solutions as part of its sustainability strategy. Located in Lausanne, Switzerland, Nestlé Institute of Packaging Sciences will be part of Nestlé’s global research organization housing a state-of-the-art laboratory complex…
USA - Nestlé Health Science has opened a new US$70 million Product Technology Center in Bridgewater, New Jersey to serve as its global research and development hub. According to Nestle, the new facility which was built over a period of three years will offer capabilities in nutrition while improving the life and health of its…
INDIA – The British consumer goods giant, Unilever may walk away with the Glaxo SmithKline’s nutrition business with a US$3.4 billion all-cash offer for a 72.5% stake, according to a person with direct knowledge of the matter identified with Financial Times (FT). GSK has also confirmed that consideration is being given to a potential transaction…
INDIA – The Swiss transnational food and drink company, Nestle SA is said to have tipped Unilever, another serious bidder in the race for GSK Consumer Healthcare business in India, ET Retail reports citing sources familiar with the matter. The deal which highlights popular malt food drink brand Horlicks, will see Nestle strike the biggest…
INDIA – Nestle SA, the Swiss transnational and the world’s largest food company is contending Unilever in the final round of negotiations to acquire GlaxoSmithKline’s consumer nutrition business in India. According to three people aware of the development, cited by ET Retail, Nestle is believed to be the frontrunner with a more aggressive offer after…
SWITZERLAND - Nestlé's Nespresso brand has signed a new partnership with the European metal corporation, Rio Tinto use 100% responsibly sourced and certified aluminium in its coffee capsules by 2020. Nestle will become the first to use responsibly-sourced aluminium with the Aluminium Stewardship Initiative (ASI) certification. This is a great milestone by the coffee brand…
EAST AFRICA– Food and beverage company Nestlé has partnered Tembo Educationto deliver customised, nutrition-based curriculums to families across Kenya, through SMS and WhatsApp messages. The aim of the initiative is to help families provide their children with the best possible nutritional start in life by delivering information, tools and tips that could tackle malnutrition and…
INDIA – Nestle has opened a new milk collection centre in Sri Lanka to boost its manufacturing capacity for dairy products in the country. It also strengthens Nestle’s commitment to local sourcing in the region, where it supports approximately 20,000 Sri Lankan dairy farmers. According to the company, the new site is expected to benefit…
