Nestle’s logo on a bar of Milky Bar chocolate in Manchester, Britain, April 25, 2017. (Photo: Reuters/Phil Noble)

Nestle to buy Canadian nutrition firm Atrium

London | Reuters — Nestle is buying Canadian vitamin and nutritional supplement maker Atrium Innovations for US$2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods. The world’s largest packaged food company said on Tuesday it will buy the maker of vitamins, probiotics and meal replacements from a […] Read more


(Nestea.ca)

Nestle, Coke end Nestea iced tea venture

Zurich/London | Reuters –– Nestle and Coca-Cola have agreed to end their Nestea iced tea joint venture after 16 years and pursue separate strategies in the fast-changing bottled drinks market. The companies formed Beverage Partners Worldwide in 2001 to sell Nestea around the world but the brand has faced fierce competition from Lipton iced tea, […] Read more




Nestle in late 2013 opened this Nespresso boutique bar in the Yorkville area of Toronto. (J.J. Thompson photo for CNW Group/Nespresso Canada)

Nestle says taking action to keep top slot in food industry

London | Reuters — Nestle told shareholders Thursday it is taking steps to maintain its position at the head of the global food industry, where consolidation will create two big new rivals. Nestle chairman Peter Brabeck-Lemathe told the company’s annual shareholder meeting the creation of Kraft Heinz Co. and Jacobs Douwe Egberts, as well as […] Read more