Nestlé is the world’s largest food company. Founded by Henri Nestlé in 1866, Nestlé is a public company, listed on the SIX Swiss Exchange as NESN. The head office for Nestlé is located in Vevey, Vaud, Switzerland.
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Delivering its first-half numbers yesterday (18 August), Nestle reported a stronger operating performance but a sluggish organic growth rate. Here are just-food's five takeaways from the company's results.
The newest of Nestle's 40 R&D facilities is a unit in Singapore specialising in nutrition to support healthy ageing. Ben Cooper reports on the new facility and examines the role food companies can play in maintaining and improving health in old age as life expectancy increases.
Hershey turned down a takeover approach from Mondelez International last week (30 June). At US$107 per share, the cash-and-shares offer valued the Reese's Pieces maker at approximately US$22.83bn. Here is just-food's summary of what you need to know about the deal.
The launch of the Food Loss and Waste Accounting and Reporting Standard has been described by its founding partner as a "breakthrough" in the fight against food waste. Ben Cooper assesses how it will support both food companies’ efforts to reduce waste and public-private initiatives with the same aim.
Specialist health and nutritional foods are set to become more important in the food market, according to Nestle executive vice president and head of the Europe, Middle East and North Africa zone, Luis Cantarell. In particular, Cantarell says developing food to meet the nutritional requirements of the ageing population is a key priority for the world's largest food group.
Nestle's local business model enables it to weather challenges presented by events such as Brexit or the Russian trade embargo, Luis Cantarell, the head of the group's operations across Europe, the Middle East and north Africa, tells just-food. However, following a period of portfolio pruning, the Swiss company must also actively manage its global businesses to focus on areas of growth, Cantarell reveals.
Nestle decided to change the way it runs its division that supplies the foodservice sector.
Nestle has launched Nesquik Protein Plus in the US, a drink aimed at "young-at-heart adults" with a taste for chocolate milk and more protein in their diets.
A coalition of 40 institutional investors representing US$1.25trn in funds is urging 16 multinational food companies – including Kraft Heinz, Unilever, General Mills and Nestle – to take action on the "material risks" posed by industrial animal production.
Nestlé is close to formally completing the acquisition of Garoto, 14 years of after it first struck a deal to buy the Brazilian chocolate maker.
Thirty additional companies, including Burton's Biscuit Co. and Dairy Crest, have joined the Courtauld Commitment 2025 in a bid to reduce the resource intensity of the UK's food sector.
Nestle has expanded its nutritional products range in India with the launch of Nestle A+ Pro-Grow, which the company said contains 20% higher milk protein than its existing A+ line.
Nestle has moved to "simplify" the ingredients used in North American frozen food brand Stouffer's.
Nestle is expanding in the Indian cereal market with the launch of Nestle Ceregrow, a multi-grain cereal targeting children.
Nestle booked a stronger trading operating profit this morning (18 August) but its bottom line was hit by one-off charges and net profit fell in the first six months of the year.
Nestle and Samsung have announced a research collaboration that will see the world's largest food maker team up with the Korean tech giant to explore the potential of nutrition science and digital sensor technologies.
The UK's 2 Sisters Food Group said today (25 July) that it had appointed Nick Townend as the company's first manufacturing support director.
Italy's Tedesco Group has acquired Nestle Italia's Ore Liete biscuit brand for an undisclosed sum.
The US House of Representatives voted 306-117 yesterday (14 July) to pass a bill that clears the way for mandatory, nationwide labelling of foods in the US made with genetically engineered ingredients (GMOs).
Nestle Zimbabwe said it plans to import an additional 500 dairy cows at a cost of US$1m by the end of the year as part of the company's dairy revolving fund scheme that aims to boost milk production.
The Competition Commission of South Africa has approved without conditions the proposed launch of an ice cream joint venture in the country – Froneri – by Nestle and R&R Ice Cream.
Danone's takeover offer for WhiteWave Foods – which received the unanimous backing of the WhiteWave board – is to be probed by lawyers representing WhiteWave investors.
Merger and acquisitions have become the major source for revenue growth for the world’s biggest food brands that are part of the top 50 global consumer goods companies.
Nestle's Taiwanese arm has told just-food the launch this month of its "upgraded" Nestle Good Health Nutrient is designed to further support eye health among middle-aged consumers – and in particular for those who spend several hours a day using smartphones.
A federal bill that would require labelling of foods in the US made with genetically engineered ingredients – commonly known as GMOs – has cleared a major hurdle in the Senate and is on course to win final approval in the Senate within days.
Nestle Turkey told just-food today (6 July) it had reached an agreement with union leaders to end strikes at the company's plants in the country.
Nestle is looking to give third-party businesses, be they technology start-ups or major digital consultancy firms, the chance to effectively "bid" for work to help it solve future product and communication issues for its brands.
Nestle has become the first FMCG company to sell food and drink products in Egypt via the Arab world's largest online retailer, Souq.com.
Nestle, set to welcome a new CEO on 1 January, has announced more changes to the make-up of its senior management team.
Wow. Your correspondent is penning this blog following precious little sleep after the combination of a humid night in London and the emergence of the most significant event in UK history since 1945 made sleep tricky on Thursday night.
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