Nestlé grows a healthy business Archives - Just Food
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Nestlé grows a healthy business

AUSTRALIA: Nestlé to acquire Uncle Tobys

AUSTRALIA: Nestlé to acquire Uncle Tobys

Swiss food giant Nestlé has announced that it is to acquire the Australian cereals, snacks and soups group Uncle Tobys, along with the rights to the brand in New Zealand, for AUS$890m (US$671m).

SWITZERLAND: Nestlé Group Q1 sales jump 14.1%

SWITZERLAND: Nestlé Group Q1 sales jump 14.1%

Nestlé Group has reconfirmed its full year outlook and posted organic 14.1% increased revenue for the first quarter, at CHF22.8bn (US$17.9bn), with its “other food and beverage” category growing fastest.

US: Nestlé invests in nutrition fund

Nestlé has concluded discussions for the creation of a new EUR500m (US$613m) fund called W. Health, originally announced in autumn of 2005. The fund will invest in external companies active…