Nestlé

Nestlé USA Introduces Gerberlyte for Pediatric Rehydration Nestlé USA is expanding the Gerber brand into the pediatric rehydration market with the launch of Gerberlyte. This electrolyte drink is designed to treat mild-to-moderate dehydration in children aged one to three. With…

Key Highlights: Nestlé has agreed to sell its mainstream vitamins, minerals, and supplements business to Yellow Wood Partners for $1 billion, with the deal expected to close by the first half of 2027, pending regulatory approvals. The transaction includes seven…

Nestlé Enhances Paid Media Strategy in the Creator Economy As marketing dollars continue to flow into the creator economy, Nestlé is taking steps to optimize how it leverages social content for paid media. The CPG giant, known for brands like…

Overview: Nestlé has sold its Blue Bottle Coffee business to China-based Centurium Capital. The deal includes Blue Bottle’s cafes and CPG business, while Nestlé retains the rights for Blue Bottle’s single-serve Nespresso pods. Centurium Capital, the biggest stakeholder of China’s…

New Development: Nestlé has announced a new collaboration with the International Labour Organization (ILO) to implement a project aimed at promoting fair recruitment and labor rights in coffee supply chains in Latin America. This partnership focuses on countries such as…

Nestlé USA is venturing into the rapidly growing at-home condiment market with the introduction of a chef-inspired sauce brand, expanding the world’s largest food company’s presence in a sector projected to exceed $41 billion by 2030. The new brand, Minor’s…

New Developments: In a strategic move to boost sales, Nestlé is selling off its remaining ice cream assets as part of a broader review of its business operations. Nestlé’s international ice cream business will be gradually transferred to Froneri, as…

New Summary: Nestlé has announced plans to cut 16,000 jobs over the next two years in order to reduce costs and accelerate its business turnaround. This represents about 6% of the company’s global workforce of 277,000 employees. The company has…

Alfonso Gonzalez Loeschen has been appointed as the new CEO of Nespresso by Nestlé, filling the position left vacant by Philipp Navratil, who was tasked with overseeing the entire Swiss food and beverage company. Gonzalez Loeschen, who has been leading…

Nestlé announced that Chairman Paul Bulcke will be stepping down on October 1st, in the wake of the recent CEO dismissal. The company has appointed Vice Chair Pablo Isla to take over the chairman role earlier than planned. Bulcke, who…