Nestle's portfolio change under CEO Mark Schneider

Nestle moves Israel ice-cream unit into Froneri venture

Nestlé has confirmed it has moved its ice-cream business in Israel into the Froneri venture co-owned with PAI Partners. Speculation had…

Should Nestle sell US frozen-food division?

Nestlé's position in the US frozen-food market has been the subject of debate for a number of years amid a…

Fonterra mulls future of Nestle joint venture as strategic review takes in China, Australia operations

Fonterra is in discussions with Nestlé over its joint venture in Brazil as part of a strategic review of the…

Nestle in New Zealand confectionery asset sale

Nestlé plans to sell some of its confectionery brands in New Zealand to RJ's and Darrell Lea confectionery owner Quadrant Private Equity as…

Nestle defends itself from attack by activist investor

Global food giant Nestlé has responded to a blistering attack launched on it by activist investor Daniel Loeb. The manager of…

Third Point’s Loeb launches blistering attack on Nestle 

Activist investor Daniel Loeb has renewed his attack on food giant Nestlé, calling on the company's board to be "sharper,"…

Nestle sells Serbian confectionery brand Cipiripi to local firm Paracinka

Food giant Nestle has sold its Serbian chocolate brand Cipiripi to Paracinka, a subsidiary of Serbian food distributor Silbo. It…

Nestle to buy majority of Ecuador’s Terrafertil

Nestle has moved to acquire a majority stake in Ecuador-based business Terrafertil, a company selling organic and plant-based foods. Terrafertil,…

Nestle activist investor Daniel Loeb pushes for disposal of other “ill-fitting businesses”

Daniel Loeb, the activist investor pushing for change at Nestle, has said he expects the "decisive disposal of other ill-fitting businesses''…

Ferrero emerges as buyer of Nestle US candy arm

Ferrero has clinched a deal to buy Nestle's confectionery business in the US. The privately-owned Ferrero, which has made two…