ZIMBABWE – Nestlé Zimbabwe has appointed Eunice Ganyawu-Magwali as its new Managing Director for Zimbabwe, Zambia and Malawi. Endorsing her appointment, the food and drink processing company stated that, “Eunice has an exceptional record working […]
SWITZERLAND – Nestlé has committed to invest up to CHF 2 billion (US$2.08bn) to lead the shift from virgin plastics to food-grade recycled plastics and accelerate the development of innovative sustainable packaging solutions. The commitment […]
USA – Nestlé and Starbucks have releases a new range of Starbucks coffee products that will be available in grocery stores in the U.S. starting February 2020. The new line-up which includes; Cold Brew concentrate, […]
SWITZERLAND – Nestlé has launched the ‘Roastelier’, a compact coffee-roasting solution that the food and beverage company said will allow baristas to unlock and simplify the art of roasting in the shop. Nestle said that […]
USA – Nestlé Waters North America is expanding its beverage portfolio under the ReadyRefresh brand to offer customers coconut water, fiber-infused water, nitro cold brew coffee and energy drinks. While the ReadyRefresh recently introduced Vita […]
SPAIN – Nestlé has agreed to sell a 60% stake of its packaged meat business, Herta to Casa Tarradellas and create a joint venture with the Spanish food company. Nestle will subsequently hold a 40% […]
MOZAMBIQUE – Nespresso, a coffee operating unit of the Nestlé Group, has announced the signing of a Memorandum of Understanding with the Mozambique’s Gorongosa National Park to promote the local coffee industry as part of […]
SWITZERLAND – The Chief Executive Officer of Blue Bottle Coffee, Bryan Meehan has joined Nestlé’s Creating Shared Value Council, an external advisory group to the company’s management on implementing Creating Shared Value (CSV). The Council […]
SWITZERLAND – Nestlé has reached an agreement to sell its US ice cream business to Froneri, an ice cream-focused joint venture Nestlé created with PAI Partners, for a transaction value of US$4 billion. In 2016, […]
MEXICO – Nestlé is investing in Angel Ventures, a Latin American venture capital firm that seeks to raise US$100 million by the end of second quarter 2020, to support startups across Mexico, Colombia, Peru and […]
