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Monday 25 November 2024
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Nestlé

Companies

Nestlé opens Quirino province coffee buying station in the Philippines

Desk3 -
MANILA, Philippines – A Nestlé satellite coffee buying station was recently opened in Diffun, Quirino province in North Luzon to enable producers in the area to sell their green coffee beans with greater convenience consistent with prevailing world market price. Nestlé coffee buying stations in the country are all located strategically ...
Chocolate

Nutella maker rumoured to be targeting Nestlé’s sweet confectionery

Desk3 -
MILAN – Ferrero SpA, the maker of Nutella spread, and the third biggest chocolate producer and confectionery company in the world, has the sweet snack division of Nestlé U.S. in its sights, according to reports. For Ferrero, this would be an unprecedented attack on the lucrative U.S. market as well as its biggest takeover in its history ...
Companies

Nestlé outlines value creation model including strategic growth priorities

Desk3 -
VEVEY, Switzerland – Nestlé has announced another step forward in the implementation of its comprehensive value creation model. Early in 2017, the company’s management, together with the Nestlé Board of Directors, initiated a comprehensive review of the company’s capital structure and priorities to support and enhance its ability ..
Companies

Nestlé plans huge share buyback after activist launches assault

Desk3 -
ZURICH – Nestlé SA said Tuesday it plans to buy back up to CHF20 billion worth of shares over three years, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company. The New York-based hedge fund, controlled by billionaire investor Daniel Loeb, disclosed ...
Companies

Nestlé inaugurates CHF 145 million Nescafé, Maggi factory in Dubai

Desk3 -
DUBAI, United Arab Emirates – Nestlé has today inaugurated its new Al-Maha factory in Dubai, producing Nescafé coffee and Maggi cooking aids for the local and regional market. Now operating at full capacity, the site employs 340 people from 20 countries. 60% of the team are under 30 years of age.
Companies

Nestlé announces new EUR 37 million investment in Girona plant, Spain

Desk3 -
GIRONA, Spain – Nestlé, the food multinational firm, will make a new investment of 37 million euros in its Nescafé factory in Girona. The aim of the company is to continue developing its production capacity for instant coffee. This new money injection will create a new production line.
Companies

Nestlé reports solid sales growth, confirms 2017 full-year guidance

Desk3 -
VEVEY, Switzerland – Nestlé reported today three-month sales for 2017. Highlights include a 0.4% increase in sales and a solid organic growth at 2.3% with 1.3% of real internal growth (RIG) and pricing of 1.0%. Sales were reduced by foreign exchange (-0.4%) and net divestments (-1.5%).
Companies

NESCAFÉ wins three well-known awards for quality and market leadership

Desk3 -
BANGKOK, Thailand – Mr. Vladislav Andreev, Business Executive Officer – Coffee and Creamer Business Unit, Nestle (Thai) Ltd., together with NESCAFÉ executives, celebrates NESCAFÉ's success as the most-admired leader in the Thai coffee market. NESCAFÉ recently received three well-known awards.
Companies

Nestlé takes to the Nairobi streets with new Nescafé 3in1 sachet

Desk3 -
NAIROBI, Kenya – Food and drinks company Nestlé Kenya has launched a reformulated 3in1 sachet by giving out free coffee in the streets of Nairobi’s Central Business District, in a move that comes as part of a surge in street marketing by Kenyan brands. In the last year, spending by Kenyan brands on OOH (out-of-home) marketing ...
Chocolate

Nestlé, Paul Bulcke elected new chairman as Peter Brabeck steps down

Desk3 -
LAUSANNE, Switzerland – The annual review and accounts were approved at the Nestlé S.A. Annual General Meeting yesterday (Apr 6) where 2,705 shareholders representing 55.6% of the capital and 76.8% of the shares, gathered in Switzerland. Approving the proposed dividend of ...
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