Nestlé

Unilever Names Heiko Schipper As President Of Its Nutrition Business

Consumer goods giant Unilever has appointed Heiko Schipper as the new president of its nutrition business unit, effective 1 May 2024.

Sugar Maker Cristal Union Takes Stake In TotalEnergies' Biogas Unit

French sugar maker Cristal Union will take a 10% stake in TotalEnergies' biogas unit BioNorrois due to be launched later this year, which will use sugar be...

Nestlé Invests HUF 300m In Hungarian Factory

Nestlé Hungária is completing a five-year, HUF 300-million investment cycle in its Bük factory with a final HUF 55 million injection for...

Nestlé, Danone See Price Hikes Slowing After Years Of Sharp Increases

Two of the world's top consumer goods companies, Danone and Nestlé, said they will slow price increases in 2024 after two years of hikes that prompt...

Nestlé Misses Full-Year Organic Sales Estimates As Price Hikes Deter Shoppers

Nestlé has reported full-year organic sales growth slightly below expectations, as the world's biggest packaged food company continued to hike price...

Mondelēz Revamps European Operations After Boycotts Over Russian Business, Internal Memos Show

Oreo cookie-maker Mondelēz put new management in place at its profitable Russian business, according to two internal company memos seen by Reuters that rev...

Unilever CEO Pursuing Strategic Shift With Peltz's Backing

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is "fully behind" a recently devised strategy to re-invigora...

Solina To Acquire Nordic Professional Premium Culinary Business From Nestlé

Nestlé has agreed to sell its Nordic professional premium culinary business, including the Oscar and Puljonki brands, to food ingredients maker, Sol...