Tag Archives: Nestle

Nestle optimistic about 2010

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Chocolate giant Nestle is eyeing continued growth in 2010 following stronger-than-anticipated figures for 2009. It has been reported that the Swiss firm posted full year profits of 10.4 billion Swiss francs (£6.2 billion). The firm, which makes brands including Kit Kat and Nescafe, saw growth across a number of sectors, with only bottled water posting a decline, with a sales… Read more »

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Nestle develops nutritional product for the elderly

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Nestle will be rolling out a new product in Europe which aims to address the specific nutritional needs of the elderly population. Resource SeniorActiv will first be introduced in Switzerland later this year and if successful will be distributed in other European countries in the future. The food manufacturer has researched the most common deficiencies in older peoples’ diets and… Read more »

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Nestle has launched a new research and development centre

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Nestle’s new center, R+D Santiago, will lead the research and development worldwide in biscuits and cereals snacks, and will focus on innovation and product renewal. This will bring together specialists from different areas as nutrition, technology, product development and quality control. The center will develop new technologies that will help further reduce levels of sugar and fat so that cookies… Read more »

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Nestle acquires assets of Kraft Foods in the U.S. and Canada

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Nestle announced the acquisition of three thousand 700 millions of Dollars from the U.S. sector activities of Kraft Foods in the U.S. and Canada. So far, Nestle held a position of second order in the frozen pizza industry in the United States. With this operation, the group expanded its presence in this market, the largest in the world with approximately… Read more »

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