Barry Callebaut and Nestlé have partnered together for a world first – Japanese KitKat is the first consumer brand to launch a Ruby chocolate version named KitKat Chocolatory Sublime Ruby. As of tomorrow (January 19), Nestlé Japan Ltd. will launch the Ruby chocolate version of its iconic KitKat brand in KitKat Chocolatory stores in Japan and South Korea, as well… Read more »
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. In 2016, the US confectionery business earned around $900m for the group. Some of the well-known chocolate brands of Nestle… Read more »
Ferrero is reportedly close to buying Nestlé’s US confectionery business in a deal which is expected to reach $2.8 billion. The Italian company, which produces Nutella, Tic Tacs and Ferrero Rocher, is keen to expand its business in the US following last year’s purchases of Ferrara Candy – the third-largest manufacturer of non-chocolate confectionery in the US – and boxed… Read more »
Nestle R&D Centre Singapore is committed to cutting down the sugar and salt content in its products by 2020. The food and beverage company is looking at reducing the sugar content by five per cent and salt by 10 per cent within the next three years. Nestle R&D Centre Singapore managing director Dr Tan Sze said Nestle made the commitment… Read more »
Nestlé will explore strategic options for its US confectionery business, including a potential sale. The company has announced a review covering the US market will be completed by the end of this year.
Nestle S.A. announced June 15 it is undertaking a strategic review of its U.S. confectionery business. One option under consideration is a sale of the business, according to the company.
Confectionery brand Nestle has vowed an across the board reduction of 10% in the sugar content of its chocolate and sweets in the UK and Ireland by 2018.
Nestle has lost a tussle with rival Mondelez International over the validity of its EU trade mark for the shape of the Kit Kat chocolate biscuit bar in an EU court which said it should be re-examined. Cadbury Schweppes – now owned by Mondelez International – asked the European Union Intellectual Property Office (EUIPO) to declare the Kit Kat four… Read more »
Big food companies that include Nestle, Mondelez International Inc (MDLZ), and PepsiCo Inc. are scrambling to create healthier products to reduce their dependence on treats full of sugar and salt. It comes as the U.K., Mexico and some U.S. cities implement sugar taxes to help fight childhood obesity and diabetes, which affects four times as many people now than in… Read more »
Food giant Nestle and Yorkshire’s R&R Ice Cream have completed a transaction to create their new Froneri ice cream and frozen food joint venture.