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Tag Archives: Nestle

Nestle green-lights push for green packaging, Greenpeace not convinced

14 September 2019, 8:40 AM

Nestle has inaugurated a research institute aimed at developing more sustainable packaging for its products and reducing plastic waste, to the dissatisfaction of environment protection group Greenpeace.


Nestle in talks to sell skincare brands

16 May 2019, 10:19 AM

Swiss food giant Nestle said Thursday it is in talks to sell its skincare business to a group led by a Swedish private equity firm and the Abu Dhabi Investment Authority.

A Nestle logo

Nestle raises stake in food allergy drug developer Aimmune

19 November 2018, 7:35 AM

The health science arm of Nestle South Africa (SA) will pay $98 million to raise its stake in Aimmune the rapeutics, as the drug developer prepares to submit a marketing application for its peanut allergy treatment by the end of the year.

Drugmaker Aspen sells baby milk business to dairy giant Lactalis

13 September 2018, 7:19 PM

Aspen Pharmacare has agreed to sell its infant formula business to Lactalis for 12.9 billion rand ($865 million) to focus on core activities while the French buyer looks to revive its baby milk expansion after a health scandal.

Nestle pays $7.15 billion to sell Starbucks products

7 May 2018, 10:48 AM

Swiss food giant Nestle announced Monday it will pay $7.15 billion in cash for the rights to market Starbucks products around the world, outside of the company’s coffee shops.



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