US: Nestle to expand Lean Cuisine, Stouffer’s in breakfast, snacking
Nestle hopes to drive growth of its frozen food brands Lean Cuisine and Stouffer's by expanding them into the higher-growth breakfast and snacking occasions.
Nestle hopes US frozen will come in from the cold
In the spotlight: Nestle hopes to thaw Lean Cuisine sales chill
Nestle has conceded that it is facing some significant challenges in the US frozen category. However, comments at the firm's investor day this week would seem to suggest that the world's largest food company has set out a roadmap for how to "fix" lacklustre brands such as Lean Cuisine. Katy Askew reports.
US/SWITZ: Post to buy Nestle’s PowerBar, Musashi brands
Post Holdings, the US breakfast cereal manufacturer building a business in sports nutrition, is to snap up Nestle's PowerBar and Musashi brands.
US: Nestle sells Joseph’s Pasta to Brynwood Partners
Nestle has continued the pruning of its portfolio pruning with the sale of US unit Joseph's Pasta Co. to Brynwood Partners for an undisclosed sum.
Focus: Nestle likely to further streamline portfolio after Jenny Craig sale
Nestle has announced a deal to sell-off the bulk of its Jenny Craig weight management business for an undisclosed sum. The move comes as the Swiss food giant looks to become a "more agile" organisation and it seems likely that further disposals could be on the horizon. Katy Askew reports.
SWITZ: Nestle eyes more “agile” organisation through disposals
Nestle has said there will be some disposals from its portfolio in order to create what the world's largest food manufacturer called a "more flexible, more agile, crisp" organisation. CEO…
