Nestle sells North American spring water brands for $4.3 bn

Nestle sells North American spring water brands for $4.3 bn

Swiss food giant Nestle on Tuesday announced the sale of its regional spring water brands, plus two of its other North American efforts, to One Rock Capital Partners and Metropoulos & Co for $4.3 billion (3.5 billion euros).
Nestle invests 100 million USD to expand operations in Indonesia

Nestle invests 100 million USD to expand operations in Indonesia

Indonesian Minister of Industry Agus Gumiwang Kartasasmita has lauded Nestle Group’s plan to invest 100 million USD to expand its operations in Indonesia amidst the outbreak of COVID-19.