Total consumer industry M&A (mergers and acquisitions) in December 2019 were worth USD40.21bn were announced globally, according to GlobalData’s database. The top five consumer industry M&A deals accounted for 86.1% […]
Merit Functional Foods and its technology partner Burcon NutraScience have entered into a joint development agreement with Nestlé. The goal of the partnership is to develop and commercialize Merit’s new […]
Nestlé is launching plant-based sausages in Europe and the United States that look, taste and cook like a sausage should, revealed a recent press release. In Europe, the soy-based Garden […]
Nestlé announced that it has reached an agreement to sell its US ice cream business to Froneri, an ice cream-focused joint venture Nestlé created in 2016 with PAI Partners, for […]
Nestlé is targeting the booming plant-based category with two fresh arrivals, Yahoo News writes. Its Digiorno and Stouffer’s brands have unveiled two meatless products: the Digiorno Rising Crust Meatless Supreme […]
As ice cream continues to be among consumers’ preferences, ice cream packaging is becoming more unusual and varied on the market. According to a report from the organizers of Interpack, […]
Froneri is set to acquire the Noga Ice Creams Limited Partnership, subject to regulatory approval. Noga is part of the Nestlé-owned business Osem Group, which means Froneri will be entering […]
Nestlé USA plans to exit its company-owned frozen Direct-Store-Delivery (DSD) network for its Pizza and Ice Cream businesses, in order to transition to a warehouse model. The change will leverage […]
Nestle has reported its strongest start to a year since 2016, as the company raised prices and experienced growth with its previously underperforming US frozen food brands Hot Pockets and […]
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