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Nestle Press Releases |
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26th December, 2001
Nestlé USA Acquires Fifty Percent Ownership Stake in Ice Cream Partners USA from General Mills
Press release
Nestlé USA Acquires Fifty Percent Ownership Stake in Ice Cream Partners USA from General Mills
Vevey, December 26, 2001
Nestlé USA and General Mills announced an agreement whereby Nestlé has acquired General Mills’ fifty percent ownership stake in Ice Cream Partners USA ...
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11th December, 2001
Nestlé: Green Light for Ralston Purina Acquisition
Press release
Nestlé: Green Light for Ralston Purina Acquisition
Vevey, December 11, 2001
Approval of US FTC, as well as of the regulatory authorities of other countries and regions, clears way for Ralston Purina acquisition - deal to be closed by December 31, 2001
Integration team in place under the leadership of John Harris, Worldwide Integration Executive, reporting to Nestlé Group CEO
North American pet-care operations poised for smooth transition and continued growth under the management of Patrick McGinnis, current CEO of Ralston Purina
Peter Brabeck-Letmathe, CEO of Nestlé, stated: "The FTC approval opens the way for the creation of a new and dynamic leading pet-care company worldwide and in North America, fully dedicated to consumers and their pets ...
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23rd October, 2001
Nestlé To Invest CHF 100 Million in New Swiss Airline
Press release
Nestlé To Invest CHF 100 Million in New Swiss Airline
Vevey, October 23, 2001
Nestlé S.A. will take a participation of up to CHF 100 million in the new Swiss airline, fully expecting this investment to yield a return to its shareholders after the initial launch phase ...
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19th October, 2001
Nestlé Considers IPO for Alcon Nine-Month Sales Suggest Growth Target Will Be Achieved in 2001
Press release
Nestlé Considers IPO for Alcon Nine-Month Sales Suggest Growth Target Will Be Achieved in 2001
Vevey, October 19, 2001
Nestlé considering IPO for minority stake in Alcon
Real internal growth 4.2 percent - ahead of 4 percent trend target
9.7 percent sales growth at comparable structure and constant exchange rates
Schöller acquisition completed, subject to regulatory approval
Nestlé to launch a CHF 200 million corporate venture capital fund
Peter Brabeck-Letmathe, CEO of Nestlé: "I am pleased to report that Nestlé is on track to reach its RIG objective and close the year with higher sales and profits."
The Nestlé Group's consolidated sales reached CHF 62.4 billion during the first nine months of 2001, an increase of 4.9 percent over the corresponding period of the previous year ...
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8th October, 2001
Nestlé reinforces its leadership position in the culinary bouillon market in China
Press release
Nestlé reinforces its leadership position in the culinary bouillon market in China
Vevey, October 8, 2001
Nestlé S.A. has signed an agreement with Haoji, the second largest chicken bouillon producer in China, to form a joint venture – Sichuan Haoji Food Co ...
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30th August, 2001
Nestlé and New Zealand's Fonterra to Enter into Dairy Alliance for the Americas
Press release
Nestlé and New Zealand's Fonterra to Enter into Dairy Alliance for the Americas
Vevey, August 30, 2001
Nestlé S.A., the world's largest food group, and New Zealand's Fonterra Co-operative Group Ltd, the world's most important exporter of dairy products (resulting from the merger of the major New Zealand milk cooperatives and the New Zealand Dairy Board and formerly known as Globalco), today announced that they are negotiating an alliance to create a number of joint ventures in the dairy business ...
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22nd August, 2001
Nestlé Group Good Performance in First Half and Confidence for the Full Year 2001
Press release
Nestlé Group Good Performance in First Half and Confidence for the Full Year 2001
Vevey, August 22, 2001
Nestlé delivers strong sales and earnings per share growth
Sales
At comparable structure and constant exchange rates sales up 10.1 percent
Consolidated sales up 6.3 percent
Real internal growth (RIG) of 4.6 percent
Earnings
Earnings per share up 12.1 percent to CHF 8.15
Peter Brabeck, CEO of Nestlé: "Based on the half-year results, with strong top-line and bottom-line growth, I am confident that Nestlé will close 2001 with higher sales and profits than the ones reached in record 2000 ...
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29th June, 2001
Nestlé and Südzucker in Negotiations about Schöller
Press release
Nestlé and Südzucker in Negotiations about Schöller
Vevey, June 29, 2001
Nestlé S.A. announces that negotiations are in progress with the owners of Schöller Holding, with the intention of jointly determining ways and means to optimize the development of the ice cream and frozen food sectors.
Südzucker, majority owner of Schöller Holding, intends to focus strategically on sugar and sweeteners; Nestlé, on the other hand, is interested in consolidating its position as the strong global number two player in the ice cream sector by reinforcing this business in Northern and Central Europe ...
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21st May, 2001
Ralston Shareholders Vote to Approve Proposed Acquisition by Nestlé
Press release
Ralston Shareholders Vote to Approve Proposed Acquisition by Nestlé
Vevey, May 21, 2001
Ralston shareholders voted today in St. Louis to approve the proposed acquisition of Ralston Purina by Nestlé.
The acquisition, subject to regulatory review, also required approval by two-thirds of Ralston Purina’s common stock shareholders ...
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10th May, 2001
Germany: Nestlé Sells a Financial Participation in the Mineral Water Field
Press release
Germany: Nestlé Sells a Financial Participation in the Mineral Water Field
Vevey, May 10, 2001
Nestlé Deutschland AG and Blaue Quellen Mineral- und Heilbrunnen AG announce the sale of their 42 percent stake in the Mineralbrunnen Überkingen-Teinach AG company, to Karlsberg Brauerei KG in Homburg (Saar).
This transaction, whose price is not disclosed, is subject to the approval of the regulatory authorities ...
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