Nestle buys health brands from US nutrition firm The Bountiful Company for $5.75bn April 30, 2021 Food and drink giant Nestle has bought a chunk of health brands from US nutrition and supplement firm The Bountiful Company for $5.75bn. The conglomerate announced this morning that it has entered into an agreement with KKR to buy brands including Natures Bounty, Solgar, Osteo Bi-Flex and Puritan’s Pride, as well as the company’s US [...]
Some 600 jobs at risk as Nestlé closes UK factory and moves some production to Europe April 28, 2021 Nestlé plans to close its Fawdon factory near Newcastle, putting 573 jobs at risk in the process. Under new proposals, the Swiss food and drinks conglomerate said products currently made at Fawdon would move to other plants in the UK and in continental Europe. If the plans go ahead, the Fawdon factory will close “towards [...]
Nestle sales hit £29.6bn October 21, 2005 Nestle, the world’s largest food manufacturer, has romped to better than expected sales this year. The company, which produces Nescafe and Kit Kat, said yesterday its sales were 5.8 per cent higher for the first nine months. Switzerland-based Nestle also reaffirmed its targets of 5-6 per cent organic growth for the full year as the [...]