Tag: Nestle
Nestlé acquires US meal delivery service Freshly in deal worth up to $1.5bn
Nestlé acquisition of Freshly : Swiss food and beverage giant Nestlé, through its US subsidiary, has acquired Freshly, an American provider of fresh-prepared meal delivery ... Read More
Nestlé to fully own Aimmune Therapeutics through $2bn deal
Nestlé will take full ownership of Aimmune Therapeutics, the developer of FDA approved peanut allergy drug Palforzia, by acquiring the remaining stake of 74.4% in ... Read More
Gerber Organic BabyPops puffed corn and oat snack launched for crawlers
Gerber Products, a childhood nutrition company, which is a part of Nestlé, has launched Gerber Organic BabyPops, a new puffed corn and oat snack, to ... Read More
Nestlé Nespresso to expand Romont production center with $170m investment
Nestlé Nespresso (Nespresso) will invest CHF160 million ($170.28 million) to expand its Romont production center in Switzerland to address the growing consumer demand for its ... Read More
Nestlé increases stake in Aimmune Therapeutics after Palforzia FDA approval
Aimmune Therapeutics, which has recently bagged approval from the US Food and Drug Administration (FDA) for its peanut allergy drug PALFORZIA (formerly AR101), has secured ... Read More
Allergan to sell brazikumab to AstraZeneca and Zenpep to Nestle
Allergan has agreed to sell IL-23 inhibitor brazikumab to AstraZeneca and gastrointestinal medication Zenpep (pancrelipase) to Nestle in separate agreements, as per the latest pharma ... Read More
Merit, Burcon, and Nestlé join forces for plant-based protein ingredients
Merit Functional Foods, its technology partner Burcon NutraScience, and Nestlé have signed a collaborative partnership for plant-based protein ingredients. The parties have signed a joint ... Read More
Nestlé to sell US ice cream business to Froneri for $4bn
Nestlé has agreed to sell its US ice cream business to Froneri, its ice cream manufacturing joint venture with PAI Partners, for $4 billion, as ... Read More
Nestle launches Nestle Crunch Dark and Buncha Crunch Dark in US
Confectionery industry news : Nestle has launched two new permanent additions to its Nestle Crunch range in the form of Nestle Crunch Dark and Buncha ... Read More
Nestle completes $2.8bn sale of US confectionery business to Ferrero
Confectionery industry news : Nestle has completed its previously announced $2.8 billion sale of its US confectionery business to Italian chocolate manufacturer Ferrero. The Swiss ... Read More