date:Jul 24, 2018
n January the Swiss food giant announced it was offloading its US confectionery business to the Ferrero Group in an estimated US$2.8bn deal that bolsters the Italian companys footprint in the American market. It allows Nestl to concentrate on a range of growth categories including bottled water, coffee, frozen meals and infant nutrition.
Source :http://www.foodingredientsfirst.com