Nestle SA

Nestlé SA is a nutrition, health, and wellness company, which engages in the business of manufacturing, supplying, and producing prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods, and cereals. It operates through the following segments: Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nestlé Health Science; and Nespresso. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.

Nestle wants to keep growing organic sales towards a mid-single-digit rate this year, the food giant said on Thursday, after strong demand for pet food and health products in the Americas helped its growth outshine peers last year.

Nestle FY growth outshines peers thanks to pet food, health products

This press release is also available in Français (pdf) and Deutsch (pdf)

Nestlé nominates Lindiwe Majele Sibanda to join its Board of Directors, provides update on Annual General Meeting

Nestlé reports full-year results for 2020

Nestle is selling its North American bottled water business to a pair of private equity firms in an effort to focus on high-end hydration products. One Rock Capital Partners and Metropoulos and Co. will pay $4.3 billion for seven Nestle water brands — including Poland Spring, Pure Life, Deer Park and Zephyrhills — along with.

Nestle sells Poland Spring, other water brands for $4.3 billion

The company will retain its premium water brands, though.

Nestle Selling Poland Spring, Deer Park Water Business for $4.3 Billion

Nestlé (PINK: NSRGY) has announced the sale of its Nestlé Waters North America brands for $4.3 billion to the partnership of One Rock Capital Partners and Metropoulos & Co. What Happened:. The sale includes the U.S. and Canadian brands for Poland Spring, Deer Park, Ozarka, Ice Mountain, Zephyrhills, Arrowhead, Pure Life and Splash, along with the bottling facilities for the brands and the U.S. direct-to-consumer and office beverage delivery service ReadyRefresh.

Nestlé Sells North American Water Business For $4.3B

Nestle said on Wednesday it would sell Pure Life and some other struggling North American water brands to two private equity firms for $4.3 billion, as the food giant doubles down on its premium offerings including Perrier. The sale, to One Rock Capital Partners and Metropoulos & Co, includes brands such as Poland Spring, Deer Park, Ozarka, Ice Mountain, Zephyrhills, Arrowhead, and Splash, as well as US office beverage delivery service ReadyRefresh.

Nestle will sell several water brands, including Pure Life and Poland Spring, to 2 private equity firms for $4.3 billion

Nestle SA said on Wednesday it will sell its North American water brands including Pure Life and Poland Spring to private equity firm One Rock Capital Partners and Metropoulos & Co for $4.3 billion.

Nestle to sell N.American water brands to buyout firm One Rock for $4.3 billion

NEW YORK, Feb. 16, 2021 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock") announced that one of its affiliates, in partnership with Metropoulos & Co., has entered into a definitive agreement to purchase Nestlé Waters North America ("NWNA" or the "Company"), a leading provider of...

One Rock Capital Partners and Metropoulos & Co. to Acquire Nestlé Waters North America

Nestlé continues strategic transformation of water business, agrees on sale of Nestlé Waters North America brands

Nestlé is coming out with a new version of its iconic KitKat bar — and it will be missing a key ingredient. Nestlé is launching a plant-based version of the 86-year-old milk chocolate bar called KitKat V that won't contain milk any other dairy products, the company said Monday.

Nestlé to launch a new, vegan version of its KitKat bar

Nestlé (Pink: NSRGY) is planning to premiere a vegan version of its KitKat chocolate bar. What Happened: The new product, called KitKat V, will be introduced later in the year in selected countries through the company's online KitKat Chocolatory and selected retailers.

Nestlé To Roll Out Vegan Version Of KitKat Chocolate Bar

Nestlé has continued to show strong growth across key business segments such as pet care. Additionally, the company is expanding its footprint across the healthy prepared meals segment across the U.S. division.

Nestlé: Long-Term Growth Prospects Solid

Nestle said on Tuesday its Gerber baby cereal products made and sold in China are safe and it had reported to authorities an association that advised its members, in a post on social media, to stop selling the products.

Nestle says Gerber products in China are safe, rejects group's post

STAMFORD, Conn., Jan. 28, 2021 /PRNewswire/ -- Nestlé Waters North America (NWNA) today announced that it received a score of 100 percent on the Human Rights Campaign Foundation's 2021 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate...

Nestlé Waters North America Earns Top Marks in Human Rights Campaign's 2021 Corporate Equality Index

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Nestlé Prepared Foods is recalling about 762,615 pepperoni Hot Pocket products because they may contain "pieces of glass and hard plastic," the USDA said.  The problem was discovered when Nestle received four consumer complaints of "extraneous material in the pepperoni hot pocket product," the USDA's Food Safety and Inspection Service said. One person suffered a minor mouth injury from eating the contaminated Hot Pocket, the agency said.

Nestle recalls more than 760,000 pounds of Hot Pockets because they might contain bits of plastic and glass

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Rising pet ownership rates and a steadily increasing average household spending provide a powerful tailwind to this investment theme. Pet food, animal health, veterinary equipment, and specialized e-commerce are all fields prone to profit from the secular growth trend.

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Recent pullback in share price (10+% in the Swiss listing) has created an attractive entry level for the stock. CEO Mark Schneider has brought about a focus on speed and a sense of urgency that permeates throughout the organization.

Nestle: Speed, Balance, And Growth

Nestle is famous for its strong upscale brands, but the stock is also priced that way. At current levels, I would expect a 5% long-term return from investing in Nestle which is not bad considering the zero interest rate environment.

Nestle Stock Intrinsic Value - High Quality Business

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VEVEY, Switzerland & LONDON--(BUSINESS WIRE)--European Commission Approves Aimmune's PALFORZIA® as First-Ever Treatment for Peanut Allergy in the EU

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Two decades of bullish price action in NSRGY. A socially responsible Swiss company.

News for Nestle SA Stock (NSRGY)