Pharmaceuticals supplier, Aspen, has entered into an agreement with Nestlé to acquire the licences to sell the firm’s recently-purchased Pfizer infant nutrition brand portfolio in Australia and several Southern African countries.
Mexican anti-trust officials have approved Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition on the condition that the Swiss firm sells off the acquired infant formula business to an independent third party.
The 20-year re-branding period imposed on Nestlé’s newly-acquired Pfizer Nutrition infant formula brands in South Africa will create a “viable competitor” to Nestlé in the long term, the country's Competition Tribunal has claimed.
Nestlé milkshake brand Nesquik has escaped UK Advertising Standards Authority censure after viewers of a TV ad alleged that it encouraged ‘poor nutritional habits’ among children, but the Children's Food Campaign slammed the 'ever-accommodating...
Oxfam will step up its campaign to improve the treatment of people and resources that form part of the supply chain of the world’s biggest food conglomerates, after it cast industry responses to its damning Behind the Brands report as ‘bland’ and ‘complacent’.
Associated British Foods – worst-in-class in an Oxfam report critical of 10 food giants for essentially operating under a corporate social responsibility (CSR) “veil of secrecy” – has hit back, slamming the report ‘s findings as “ridiculous”.
Save the Children in the UK has called on infant formula manufacturers like Danone and Nestlé to do more to promote breast feeding – including larger on-pack warnings – after a report it commissioned found the companies were breaking international infant...
Nestlé is facing court in the US over allegations it used “unfair” and “monopolistic” business practices to limit the availability of Clemmy’s ice cream in a number of major supermarkets.
Nestlé’s share price fell 2.3% on Thursday as the company announced its slowest growth in three years, with developing markets hit by natural disasters and continued market weakness in Europe and the Americas.
The South African Competition Tribunal has approved Nestlé’s takeover of Pfizer Nutrition – but only under the condition that the acquired infant formula brands are licensed out and re-branded in South Africa for a period of 10 years.
Core activity profit fell 30% in 2012 at Swedish probiotics supplier BioGaia – although a cash-rich, five-year licensing deal with Nestlé kept overall figures high even as that very deal simultaneously destroyed margins in its cultures business.
The South African Competition Commission has given its blessing to Nestlé’s $11.85bn global acquisition of Pfizer Nutrition – leaving it in the hands of the country’s Competition Tribunal to approve the deal.
Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.
A new robotic production line from Rokk Processing can deliver high production volumes for manufacturers of ice cream and cake makers who want to mimic artisinal designs.
Dairy processing firm Gay Lea Foods is testing Radiant Energy Vacuum (REV) dehydration technology from Canadian company EnWave to create dried dairy products.
The Australian Competition and Consumer Commission (ACCC) yesterday approved Nestlé’s €9bn ($11.59bn) acquisition of infant nutrition business Pfizer Nutrition.
Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition has been blocked by Mexican competition officials over concerns that the deal could lead to price increases.
Food Standards Australia New Zealand (FSANZ) has provisionally approved an application by Nestlé to reduce the minimum requirement for L-histidine in infant formula products
Nestlé's $11.85bn (€9bn) acquisition of Pfizer Nutrition has been given the go-ahead by anti-trust authorities in China – taking the “strategic” takeover a step closer to completion.
Nestlé has invested around $8m in a new production line at its factory in Jamaica to meet increasing demand for its milk-based energy supplement, Supligen.
The world’s biggest food company has extended its Product Technology Centre (PTC) in Konolfingen, Switzerland as it seeks to speed new product development in infant nutrition, medical nutrition and dairy.
A combination of milk protein and wolfberry (goji berry) fruit could help boost the immune function of elderly people by strengthening their ability to fight certain infections, according to new data from Nestlé.
The New South Wales (NSW) Food Authority has confirmed the safety of a re-formulated Nestlé infant formula product following consumer complaints that the new recipe was making children ill.
Nestlé Australia has ordered tests on its recently re-formulated Nestlé NAN H.A. 1 Gold infant formula after it received a number of complaints from parents that the 'new, improved' product was making their children ill.
Swiss food and beverage giant Nestlé has furthered its presence on the African continent through the opening of a new CHF16m ($16.4m, €13.3m) factory in Angola.
The wife of Zimbabwean president Robert Mugabe has launched a range of fresh milk products in the African country with the aim of challenging Nestlé – a dominant figure in the country’s dairy industry.
Earlier this week, Nestlé began construction on its new Dairy Farming Institute in Shuangcheng, China. DairyReporter.com spoke to Nestlé China’s Jonathan Dong about the firm’s efforts to educate Chinese dairy farmers....
Nestlé South Africa has shrugged-off threats of a purchasing boycott relating to infant formula among the country’s Hindu community, stating that the encouragement by a religious leader lacks “merit.”
Swiss food and beverage giant Nestlé has completed a €6m investment at its Pontecesures, Spain condensed milk plant in an effort to expand its product and packaging formats portfolio to meet export demands.
Food and drink giant Nestle has entered into an agreement to build a 2,000-cow dairy farm in north China’s Inner Mongolia region, according to reports from China.
Nestlé has announced a multi-million investment plan in Morocco to improve the quality of fresh milk and encourage the development of the dairy industry through the private sector.
Nestlé’s $11.85bn (€9.02bn) acquisition of Pfizer Nutrition may run into anti-trust hurdles after it beat Danone to the drug giant’s global infant nutrition business, according to an analyst.
Nestlé has declined to comment to DairyReporter.com on an Indian government letter stating that it is violating the nation’s laws on sponsorship of health workers, but has fought back against allegations of inappropriate marketing for breast milk substitutes.
Nestlé has revealed that cost pressures affecting its US ice cream business led to it scrap promotion-led sales in 2012 and says the impact on pricing had been “quite dramatic”.
Nestlé Australia has refused to confirm rumours that it is looking to exit its Nestlé Peters ice cream business in the country, after press reports today suggested a potential AUS $330m (€261m) sale.
Nestlé India has been charged by a court in Delhi for allegedly violating laws relating to the correct labeling of infant formula products and for associated failings regarding advertisements in women’s magazines, claims that the company denies.
Nestlé has opened a new CHF 83m (€67m) beverage factory in Brazil to cater for increased demand for dairy-based and other beverages in the state of Rio de Janeiro.
Nestle UK has scooped an award for its use of methane trucks that has reduced CO2 emissions by 14% compared to diesel trucks with further potential to slash emissions in half.
Nestlé has launched two new fortified milks in Brazil that it claims will help parents to increase the iron and vitamin content of children’s diets, as the firm rides regional interest in added-value dairy.
Ex-UNICEF head Ann Veneman has been appointed to the Nestle board, sparking debate over the Swiss food giant's compliance with WHO standards on baby milk marketing.
Dairy giant Danone comes out top of the list for category dominance in the European food sector, followed by Unilever and Nestle, according to a new report.
Food giant Nestle was once more challenged at its AGM in Lausanne last week, as activists again raised the red flag that has been fluttering since the first boycott the company faced three decades ago.
