Nestle

Having fun at someone else’s expense might be a social media faux pas, but big brands and cryptocurrencies can’t stop memeing the KitKat chocolate heist. Dog Mocks ‘Kat’ About twelve tons of Nestle S.A.’s KitKat chocolate bars went missing in Europe last week...

Private equity giants KKR, CD&R and PAI Partners are pushing forward on a bid for a 50% equity stake in Nestlé's water and premium beverages division. The division, which comprises brands like Perrier and S.Pellegrino, is valued at approximately $5.75 billion. Blackstone, Bain Capital and...

According to a new study published in Science Advances, fifty-six brands led by Coca-Cola (NYSE: KO), PepsiCo (NASDAQ: PEP), and Nestlé (SWX: NESN) are responsible for more than half of the plastic pollution found across the globe. The study reveals a direct correlation between the...

Swiss food conglomerate, Nestlé SA (OTC:NSRGY), announced plans to create products that pair with popular weight-loss medications like Ozempic, Wegovy, and Mounjaro. As per a Forbes report, this move comes amid concerns about the potential impacts these appetite-suppressing...

Global food giant Nestle ADR (Pink: NSRGY) said Friday that it reached a deal to acquire Freshly, a fresh prepared meal delivery company. What Happened: Freshly delivers fresh, chef-cooked meals to customers across the U.S. with a mission of "breaking down the barriers to healthy...

SmartHop​, a tech startup that helps small trucking companies grow their businesses, on Tuesday announced that it has closed a $4.5 million seed round led by Equal Ventures, a seed-stage venture fund based in New York. Additional investors in the round include Greycroft and Las Olas VC.  Smarthop...

Plant-based food maker Impossible Foods scored a big legal victory against food giant Nestle S A/S ADR (OTC: NSRGY), The Wall Street Journal reported. What Happened Nestle was ordered by a European court to rename its plant-based burger line "Garden Gourmet Incredible Burger." The...

Global food behemoth Nestle (OTC: NSRGY) is "scrambling to meet demand" to keep the world fed, but doesn't want to take much credit, as "this is our main purpose at this hour," CEO Mark Schneider said Wednesday during a "Mad Money" interview with Jim Cramer....

Nestle (OTC: NSRGY) reported full-year results for 2019, highlighted by a 3.5% organic growth and a 1.2% sales increase. Nestle CEO Mark Schneider was a guest on "Bloomberg Markets: European Open" to talk about the company's performance and his outlook for 2020 and beyond. 'Super...

Swiss food products giant Nestle S.A. (OTC: NSRGY) has announced plans to spend up to $2 billion to cut plastic waste, but CEO Ulf Mark Schneider said in a CNBC interview on Tuesday that shareholders have nothing to worry about: The green goal initiative will be balanced with $2 billion to address...

Nestle (OTC: NSRGY) previously announced it will spend $2 billion to cut plastic waste and this could be seen as an investment in keeping up with consumer changes, Nestle CEO Ulf Mark Schneider said in a CNBC interview aired Tuesday. Green Initiatives Nestle already made it clear a $2 billion...

Global food giant Nestle said in a Thursday press release it will invest up to CHF 2 billion ($2 billion) to accelerate a 2018 pledge to focus on sustainable packaging solutions. What Happened Nestle announced in 2018 it hopes to make 100% of its packaging recyclable or reusable by 2025. The...

Snack and beverage giant Nestle (OTC:NSRGY) is looking to spur growth in its bottled water segment with some innovative products. What Happened Nestle is the world's largest bottled-water maker, but its global water volumes dipped 2.2% from January through September, according to CNBC. To...

Being a "shipper of choice" is about being a good partner, and it often goes beyond the movement of goods. In the case of Swiss food products giant Nestle S.A., the tributes come from companies that it has worked with across the supply chain. XPO Logistics, Inc., the U.S.-based transport and...