Nestle plans to return as much as €18bn to shareholders by 2022 and indicated an appetite for acquisitions to help chief executive Mark Schneider sustain faster growth and better profit margins.
Thu, 17 Oct, 2019
European chocolate lovers are about to get an injection of Japanese culture, as Nestle’s green-tea matcha KitKat launches across the continent.
Wed, 20 Feb, 2019
Scientists at Nestlé's first Irish Research and Development (R&D) centre, which was officially opened today, are to focus their efforts on investigating nutritional solutions for the first 1,000 days of the lives of newborns.
Mon, 21 Jan, 2019
Nestle’s unit in Japan expects a fledgling business that sells nutritional drinks and supplements to aging consumers to grow into a nearly $1bn (€865m) behemoth within a decade, as the food giant becomes the latest to employ genetics to market food.
Sat, 25 Aug, 2018
Thomas Mulier and Corinne Gretler In the third-biggest transaction in Nestle’s 152-year history, the Swiss food giant will spend almost €6bn for the right to market Starbucks products from beans to capsules.
Tue, 08 May, 2018
Swiss food and beverage giant Nestle has said that it is ending its agreement with the well-heeled Bettencourt family of France over the L’Oreal cosmetics empire and is exploring options for its Gerber Life Insurance business.
Thu, 15 Feb, 2018
Nestlé has defended itself against an activist group’s criticism of its infant milk products, saying it respects international marketing standards and does not suggest its products are better than breastmilk.
Fri, 09 Feb, 2018
Nestle has agreed to sell its US confectionery unit to Ferrero, the Italian maker of Nutella, for $2.8bn (€2.3bn) in the Swiss food giant’s first major divestment since chief executive Mark Schneider took the helm last year.
Wed, 17 Jan, 2018
Nestle plans to switch in or out of businesses with combined sales of almost 10bn Swiss francs (€8.7bn) as chief executive Mark Schneider focuses on coffee, bottled water, and pet care to prioritise profitability over scale.
Wed, 27 Sep, 2017
Nestle has said it will defend claims in a new lawsuit in which Atari accused the Swiss food company of pilfering its classic 1970s video game Breakout to help sell Kit Kat bars.
Sat, 19 Aug, 2017
Vegans, look away now!
Fri, 26 May, 2017
Nestle and Unilever have reported sales that beat estimates as the European food giants pushed through cost increases to combat slowing purchases by pickier consumers opting for quality over quantity.
Fri, 21 Apr, 2017
Nestle has recalled a batch of its KitKat Bites and warned people with nut or peanut allergies to be "especially vigilant" after incorrectly packaging the chocolates.
Fri, 14 Apr, 2017
Nestlé’s flagship confectionery brand KitKat® will contain extra milk and extra cocoa from this week as Nestlé continues efforts to reduce sugar.
Tue, 28 Mar, 2017
Fri, 02 Dec, 2016
Fri, 21 Oct, 2016
Nestle, the world’s biggest food company, is stepping up its push into medicine with a global deal worth up to €100m to develop and market an experimental milk allergy test for infants.
Wed, 01 Jun, 2016
Swiss food giant Nestle is to invest over €25m in a “significant” expansion of its existing R&D centre in Co Limerick.
Fri, 11 Mar, 2016
Fri, 19 Feb, 2016
Sebastian Coe has vowed the IAAF will not accept a decision by food giant Nestle to abruptly terminate its sponsorship deal with world athletics’ governing body.
Thu, 11 Feb, 2016
The IAAF has suffered a new blow after Nestle announced it has terminated its sponsorship of the world athletics’ governing body.
Wed, 10 Feb, 2016
Nestle has agreed to buy out shareholders of Osem for about $840m (€750m) and take the Israeli foodmaker private, the two companies announced yesterday.
Fri, 05 Feb, 2016
Nestle is in talks to merge its international ice cream business with R&R Ice Cream in a €3bn deal, according to a source familiar with the matter, as the world’s biggest packaged food firm focuses more closely on its higher-performing brands.
Tue, 06 Oct, 2015
A batch of instant noodles worth over €44m is being destroyed by Nestle due to high levels of lead.
Tue, 16 Jun, 2015
KitKat maker Nestle saw first quarter sales boosted by an early Easter but growth was dented by currency changes after the Swiss central bank’s shock decision to lift a cap on the franc.
Fri, 17 Apr, 2015
Swiss chocolate giant Nestle cannot trademark its slogan Have a Break because it lacks specific character, a top European court adviser said today.
Thu, 27 Jan, 2005
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