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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 and Platinum Equity announce launch of $5.6bn joint venture, Peranel
Nestlé and Platinum Equity have announced the launch of Peranel, a 50/50 joint venture for Nestlé’s waters and premium beverages business.
Nestlé to cease production at Hungary confectionery plant
Nestlé will cease production at its Diósgyőr, Hungary, confectionery plant in December 2026, citing declining demand for seasonal chocolate products.
Nestlé combines Aero and Milkybar in new confectionery range
Nestlé has brought together its Aero and Milkybar brands in a new confectionery range launching across the UK and Ireland.
Nestlé invests $696m to build new Nescafé facility in Thailand
Nestlé is investing CHF 563 million (approx. $696 million) into building a new Nescafé production facility in Thailand.
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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