Nestlé Russia: There has been no “change of ownership”
Nestlé insists there has been no "change of ownership" of its Russia business despite the Kremlin placing the Swiss giant’s…
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Nestlé’s Russia destiny looks doomed with “sizeable” revenue hit on exit
It’s highly plausible Nestlé will have to write-off assets in Russia following the Kremlin’s seizure of its operations, with an…
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Nestlé reviews options as Russia seizes assets
Nestlé is assessing its options after Russia placed the Swiss giant's operations in the country under "temporary administration". A decree…
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Nestlé takes baby-food brand Gerber into hydration
Nestlé is launching baby-food brand Gerber into kids' beverages with the launch of electrolyte drink Gerberlyte. The new drink uses…
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Nestlé CFO exudes confidence on targets with bolt-on deals on horizon
Nestlé’s pet care and coffee businesses are delivering on or above-target growth, with the rest of the portfolio playing catch-up…
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Hydration brand Nuun sold as Nestlé offloads supplements assets for $1bn
Nestlé has found a buyer for the “mainstream” vitamins, minerals and supplements (VMS) brands it put under review last year.…
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Nestlé adds jobs in Germany with coffee investment
Nestlé is creating around 50 new jobs at a site in Germany as part of plans to expand its production…
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Russian firm ‘asks Kremlin to place Nestlé units in temporary management’
A Russian logistics business has reportedly asked the country’s government to put five Nestlé subsidiaries under the temporary administration of…
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“It’s now all about consistent execution” – Nestlé H1 takeaways as CEO Philipp Navratil guns for 3-4% growth
Nestlé has strengthened its organic growth guidance but there’s some catch-up work to do in some categories that are off…
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Nestlé to sell half of waters business to Platinum Equity
Nestlé is to sell half of its waters business to the US private-equity firm Platinum Equity under a joint-venture agreement.…
