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From now on, don't miss a thing: Our newsletter for the food & beverage sector brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
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31-Jul-2017 - Michigan environmental regulators have told a bottled water company to re-evaluate how its proposal to withdraw 210 million gallons of water annually from the state would impact local wetlands, streams and natural springs. The Michigan Department of Environmental Quality requested more ...
28-Jul-2017 - Nestle has announced its plan to build a factory in Japan in order to meet the huge demand for flavored Kit Kat in the country. It will be Nestlé's first new factory in Japan in 26 years. The factory is expected to begin operations in August. The company said the new factory is being built to ...
26-Jun-2017 - Billionaire activist investor Daniel Loeb's Third Point LLC hedge fund has taken $3.5 billion stake in Nestlé SA. The stake amounts to about 1.25% of Nestlé's shares. Third Point outlined an array of changes it believes the consumer-goods giant could make, including improving margins, innovating ...
19-Jun-2017 - Nestlé will explore strategic options for its US confectionery business, including a potential sale. The review covers the US market only and is expected to be completed by the end of this year. Nestlé’s US confectionery business had sales of around CHF 900 million in 2016. It primarily includes ...
02-Jun-2017 - The iconic Maggi brand is on a mission to champion the goodness of home cooking, renewing its global product portfolio with ingredients that people are familiar with, like those they might find in their kitchen cupboard. The goal is to transform the Maggi range globally by 2020, removing ...
22-Feb-2016 - Swiss food giant Nestle is reporting a 37-percent drop in net profit last year largely because of a stronger Swiss franc, a re-evaluation of its stake in a Swiss dermatology care products maker and the impact of a stake in L'Oreal a year earlier. Nestle reported net income fell to 9.07 billion ...
15-Feb-2016 - Nestlé Canada said that it recalls Nestlé Good Start 2 Concentrate 359 ml with Omega Infant Formula, packaged in a tetra box with the following batch codes: 512857211A, 512957211A, 512957212A, 513057211A (this product is only sold in a case 12x359ml). This recall does not affect any other Nestlé ...
12-Feb-2016 - Food and beverage giant Nestle told the IAAF on Wednesday that it terminated its sponsorship of athletics' governing body over fears the doping scandal could damage the company's image. The announcement came while Adidas remains in talks with the IAAF about its handling of the corruption scandal ...
25-Jan-2016 - A George Clooney doppelganger is brewing up tensions between two coffee companies in Israel. Nespresso is suing the Israeli Espresso Club for using an actor with a striking resemblance to the Hollywood star in one of its ads. Clooney is the face of Nespresso. The ad shows the Clooney lookalike ...
12-Oct-2015 - Swiss foods giant Nestlé SA Wednesday released in the United States its second Creating Shared Value or CSV report outlining the company's accomplishments in nutrition, health and wellness; environmental sustainability; and social impact in 2014, as well as its forward-looking commitments. The ...
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