LEADING US food and beverage industry news site, FOODDIVE has announced its Company of the Year. Nestlé​, the world’s largest food company has been aggressively remaking itself into a more agile...

In the US, Costco will bring poultry production in-house for its popular “loss-leader” rotisserie chickens, representing the first time a retailer there has assumed the risks associated with meat production....

CONFECTIONERY company Darrell Lea will buy the Life Savers brand from Nestlé, acquiring the rights to the lolly in Australia and New Zealand. The purchase price is not being disclosed. Darrell Lea will...

Swiss-based Nestle, the world’s largest food and beverage company, will pay Starbucks Corp USD $7.15 billion for exclusive rights to sell the U.S. chain’s packaged coffees and teas around the world,...

Nestle has announced it is aiming for all of its packaging to be either recyclable or reusable by 2025. In announcing the goal, Nestle Chief Executive Officer, Mark Schneider, said plastic waste is one...

Allen’s Lollies and Peter’s Ice Cream have partnered again, this time for an ice cream inspired lolly range. The new range includes ‘Allen’s inspired by Peters Frosty Fruits’ with tropical, watermelon...

Nestle has debuted the first chocolate bar made using its new sugar reduction technology. In late 2016, Nestle revealed that it was working on a way to reduce sugar in its food without changing the taste...

Nestle Australia has released two new KITKAT flavours, ‘KITKAT Mint 2 Ways’ and ‘KITKAT Caramel Pretzel 2 Ways’. KITKAT Mint 2 Ways includes ‘intense crisp mint’ alongside ‘creamy smooth...

Nestle has confirmed it has sold its US confectionery business to Ferrero for US $2.8 billion (AUD $3.5 billion). The acquisition sees Italy-based Ferrero acquire a number of US confectionery brands including...

The Ferrero Group is close to acquiring Nestle’s US chocolate business an unnamed source is claiming. If the acquisition becomes reality, the Italy headquartered Ferrero will own the rights to US confectionery...