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Major CPG players launch The PaperFlex Consortium to drive paper-based flexible packaging innovation
A new initiative – The PaperFlex Consortium – has launched today, comprising six global consumer goods companies, aiming to accelerate the development of responsibly designed paper-based alternatives to flexible plastic packaging.
Nestlé to sell vitamins, minerals and supplements business to Yellow Wood Partners for $1bn
Nestlé has agreed to divest its mainstream vitamins, minerals and supplements business to private equity firm Yellow Wood Partners for $1 billion, expected to close by the first half of 2027.
Nestlé and PAI’s European Pizza Group reportedly ‘closing in on deal’ to buy Crosta Mollica – Sky News
According to a Sky News report, European Pizza Group – which is jointly owned by Nestlé and private equity firm PAI Partners – is ‘closing in on’ a deal to buy premium pizza brand Crosta Mollica.
Nestlé and Coca-Cola retain top spots in world’s most valuable F&B brand rankings for 2026
Brand Finance has released its top 100 most valuable food brand rankings for 2026, with Nestlé remaining on top, while Coca-Cola continues to top the 50 most valuable non-alcoholic drinks brands.
Nestlé conducts review of New Zealand supplements business
Nestlé has initiated a strategic review of The Better Health Company, its New Zealand-based health supplements business.
Nestlé and Danone under investigation in Austria following infant formula contamination recalls
Nestlé and Danone are under investigation by prosecutors in Austria over the major recalls of several infant formula products due to cereulide contamination earlier this year.
Nestlé is the world’s largest food and beverage company with total sales in excess of $90 billion, as well as a portfolio of more than 2,000 brands across 190 different countries. Spanning baby food, bottled water, breakfast cereals, coffee, confectionery, dairy products, ice cream, pet foods and snacks, the scope of Nestlé’s total reach is enormous. Based in Switzerland, the company was formed in 1905 by the merger of the Anglo-Swiss Milk Company, established in 1866 by brothers George Page and Charles Page, and Farine Lactée Henri Nestlé, founded in 1866 by Henri Nestlé.
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