Nestlé Continues Strategic Transformation of Water Business With $4.3 Billion Sale

Nestlé Continues Strategic Transformation of Water Business With $4.3 Billion Sale

Nestlé has agreed to sell its regional spring water brands, purified water business and beverage delivery service in the US and Canada to One Rock Capital Partners in partnership with Metropoulos & Co for US$4.3 billion. The company’s international premium brands including Perrier®, S.Pellegrino® and Acqua Panna® are not a part of the deal. The transaction…

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Omsco Appoints Chief Executive

Omsco Appoints Chief Executive

The Board of Omsco, the UK’s largest organic dairy co-operative, has announced the appointment of David Williams as its Chief Executive. David Williams will assume the newly created role of Chief Executive at the start of April.

A skilled and experienced business leader, David Williams has over 25 years of experience working in the dairy industry.…

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Kerry Group Reports Strong Recovery in Business Performance

Kerry Group Reports Strong Recovery in Business Performance

Kerry Group, the global taste & nutrition and consumer foods group, has reported a 4% decline in revenue to €7.0 billion, with an overall volume reduction of 2.9% in the year ended 31 December 2020. Performance in the Taste & Nutrition business continued to improve through the year and returned to volume growth in the…

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Top Trends in Dairy Focus on Specific and Holistic Health Benefits

Top Trends in Dairy Focus on Specific and Holistic Health Benefits

The traditionally natural and nutritious image of dairy products is continuing to be a key driver in NPD, according to Innova Market Insights’ Top Trends in Dairy 2021. This is despite the challenge posed by rising interest in plant-based diets and concerns over environmental and ethical issues.

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Low and No ABV Beverages are Shaping Western Europe Spirits Sector

Low and No ABV Beverages are Shaping Western Europe Spirits Sector

As trends towards health and wellness continue to mount, producers in Western Europe are expanding their portfolios with low and no ABV products. Led by the beer and cider sector in 2010s, the 2020s will be the decade of ‘NoLo’ spirits. Between 2020–2024, low ABV products in the Western Europe Spirits sector will rise at…

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Nestlé Continues Strategic Transformation of Water Business With $4.3 Billion Sale

Nestlé Sets Climate Priorities for Europe, Middle East, and North Africa

Nestlé has agreed to sell its regional spring water brands, purified water business and beverage delivery service in the US and Canada to One Rock Capital Partners in partnership with Metropoulos & Co for US$4.3 billion. The company’s international premium brands including Perrier®, S.Pellegrino® and Acqua Panna® are not a part of the deal. The transaction…

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Global Consumers’ Demands For Healthier Beverages are Accelerating

Global Consumers’ Demands For Healthier Beverages are Accelerating

Kerry, the Taste & Nutrition company, has released The Right Taste for Healthier Beverages, an informative white paper that examines the rising demand around the world for healthier and tastier beverages. Today, around a third of global consumers are now what Euromonitor terms “immunity seekers”. Often, this “seeking” begins with choosing foods and beverages…

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