Nestlé plans US$2.08bn investment to boost sustainable packaging & innovation

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 […]

Nestlé and Starbucks introduce new range of coffee in the US

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, […]

Nestlé launches new on-site coffee roasting solution ‘Roastelier’

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 […]

Nestlé Waters North America expands its ReadyRefresh beverage portfolio

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 […]

Nestlé sells 60% stake in packaged meat business Herta, creates joint venture

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% […]

Blue Bottle Coffee CEO Bryan Meehan joins Nestlé Creating Shared Value Council

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 […]

Nestlé sells its US ice cream business to Froneri for US$4bn

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, […]

Nestlé invests in Latin American venture capital firm Angel Ventures

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 […]