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The X social media platform has expanded a lawsuit alleging an advertising boycott by major companies to include Nestlé and Tyson Foods, among others. The lawsuit claims that companies conspired with the World Federation of Advertisers to pull advertising after Twitter was acquired by Elon Musk in 2022. The Global Alliance for Responsible Media, involved in the boycott, has ceased operations due to financial strain. Unilever settled with X in October, while Mars' current position in the case is unclear. [Extracted from the article]

Tiger Brands, a South African food group, plans to sell its minority stake in Chile-based Empresas Carozzi for $240m. Carozzi, the buyer, already holds a majority stake in Empresas Carozzi and will fully take over the confectionery, sauces, ice cream, and pet-food maker. The sale is part of Tiger Brands' portfolio optimization strategy, as the company shifts its focus away from further expansion into the Latin American region. The proceeds from the sale will be reinvested into the core business to support strategic initiatives, with any surplus cash returned to shareholders through share buybacks and/or special dividends. [Extracted from the article]

Synlait Milk, a New Zealand-based dairy and infant-formula business, is expecting a positive first-half outlook with a projected EBITDA range of NZ$58m to NZ$63m. The company's profit recovery pledge seems to be on track, following a challenging period that required financial support from its largest shareholders, Bright Dairy and The A2 Milk Company. Despite progress, acting CEO Tim Carter emphasized the need for continued efforts to strengthen the business. [Extracted from the article]

The US FDA has issued voluntary guidelines to limit lead content in processed baby foods, setting the limit at ten parts per billion for certain products and 20 parts per billion for others. These guidelines apply to packaged foods for children under two years old and aim to reduce health risks associated with dietary lead exposure. While some critics argue that the guidelines are insufficient, the FDA believes that setting action levels can help lower contaminants in foods. [Extracted from the article]

The top 24 news stories on Just Food in 2024 covered a range of topics including portfolio changes, factory closures, food safety, and sustainability efforts. Some notable stories included Oatly settling a greenwashing lawsuit, Nestlé launching Mexican and Asian cuisine brands in the US, and PepsiCo closing a Quaker Oats facility due to a salmonella recall. Other stories highlighted issues such as competition in the infant-formula market, changes in packaging for Tony's Chocolonely, and the impact of listeria infections in plant-based milk alternatives. [Extracted from the article]

Kendal Nutricare, a UK infant-formula manufacturer, has acquired a facility from Premier Foods in Knighton, Staffordshire. The purchase aims to create around 100 new jobs and involves a multi-million pound investment over the next two years. Kendal Nutricare's CEO emphasized the company's commitment to domestic manufacturing and supporting the British dairy industry. [Extracted from the article]

Danone's focus on "competitive growth and quality growth" has led to positive results, with the company experiencing growth in almost all regions and across various product categories. Despite challenges in some regions, Danone's strategic approach has resulted in increased volume-mix and like-for-like sales growth. The company's investments in brand equity and selective pricing initiatives have yielded positive outcomes, particularly in Europe and North America. Danone remains confident in its ability to sustain these results and continue to grow in the future. [Extracted from the article]

Synlait Milk CEO Grant Watson has stepped down after a challenging year leading the New Zealand-based dairy and infant-formula business. The reason for his departure was not provided, and interim CEO Tim Carter will take over while a search for a permanent replacement is underway. Synlait recently completed an equity raise to improve its financial position after facing losses and debt restructuring, with major shareholders Bright Dairy and The A2 Milk Co. playing significant roles in the company's future. [Extracted from the article]

Australia's The Original Juice Company (OJC), SPC Global, and Nature One Dairy are merging to form a new company. The merged business will have three divisions based on the three businesses. OJC specializes in chilled fruit and vegetable juices, SPC is the largest producer of packaged fruit, tomato, baked beans, and spaghetti in Australia, and Nature One Dairy manufactures and sells infant formula, nutritional formula, and milk powder products. The new business is expected to generate over A$400m in revenue and over A$29m of EBITDA in its 2025 financial year. The transaction is expected to be completed in November. [Extracted from the article]

Synlait Milk, a New Zealand company, has successfully raised NZ$217.8m ($137.5m) in equity financing from its two largest shareholders, Bright Dairy and The A2 Milk Company. This funding will help Synlait focus on returning its dairy and infant-formula business to profitability. The company has also resolved a long-running contractual and pricing dispute with A2 Milk. However, Synlait still has NZ$551.6m of debt on its balance sheet, and its financial results for the past year showed a loss in EBIT and net profit after tax. The company is working to stabilize its farmer milk suppliers and ensure a secure milk supply for its business recovery. [Extracted from the article]

Ricola Group, a herbal sweets maker, has acquired a production plant in Switzerland from Hero Group to overcome production constraints and meet high global demand for its products. The plant, located in Lenzburg, will create up to 40 jobs and begin production in the first quarter of 2026. Ricola will continue to manufacture its products at its main site in Laufen, which will remain its most important production site. Hero Group, the previous owner of the plant, expressed satisfaction with Ricola as the buyer and confirmed that their headquarters will remain in Lenzburg. [Extracted from the article]

Swiss manufacturer Hero Group has acquired UK-based healthy food business Deliciously Ella. The financial details of the deal were not disclosed. Hero Group, which already has a presence in the UK market through its Organix brand, aims to "supercharge sales" in the UK and other markets with this acquisition. Deliciously Ella founders Ella Mills and Matthew Mills will remain with the company. The acquisition does not include the Plants brand or business, which will continue to be owned by Ella and Matthew. [Extracted from the article]

Nestlé has signed a contract to build its first food factory in Saudi Arabia, focusing on infant-nutrition products. The factory, located in Jeddah's Third Industrial City, is part of Nestlé's commitment to invest SAR7bn in Saudi Arabia over ten years. This move aligns with Saudi Arabia's Vision 2030 strategy to increase local food production for food security. The project is expected to create hundreds of direct and indirect jobs during its first phase, and the factory will have an initial annual production capacity of 15,000 tons. [Extracted from the article]

Campbell Soup Co. will be changing its name to The Campbell's Company in order to better reflect its diverse product portfolio, although soup will still be part of its offerings. The company recently acquired Sovos Brands, which includes Italian sauces, ready meals, and frozen pizza, and has sold off other businesses such as Emerald Nuts and Plum Organics. Campbell also unveiled new long-term targets, including organic growth of 2-3% and adjusted EPS progression of 7-9%. The company aims to set the standard for performance in the food industry and is confident in its ability to generate shareholder value. [Extracted from the article]

The A2 Milk Co. has reported a muted revenue and margin performance for the new fiscal year due to ongoing challenges in China's infant-formula market. The company achieved a 5.2% revenue growth in fiscal 2024, but expects similar growth in the new year. The EBITDA margin is also expected to be similar to the previous year, with pressure in the first half and recovery in the second half of fiscal 2025. The decline in the infant-milk formula market in China is attributed to factors such as declining birth rates and increased competition. A2 Milk remains optimistic about its long-term growth strategy, but acknowledges that its goal of achieving NZ$2bn in revenue may be delayed until fiscal 2027 or later. [Extracted from the article]

Synlait Milk and The A2 Milk Co. have reached a settlement in their year-long dispute over contracts and pricing. As part of the settlement, A2 Milk will make a one-time payment of NZ$24.8m ($14.9m) to compensate Synlait for withheld payments. The settlement also includes the termination of their Nutritional Powders Manufacturing and Supply Agreement (NPMSA) from 1 January, although Synlait will continue to produce all products under the contract in the short term. The settlement is conditional upon Synlait completing a capital raise and refinancing its bank debt. A2 Milk has agreed to support and subscribe for shares under Synlait's equity raise. [Extracted from the article]

New Zealand dairy company Synlait Milk has withdrawn its earnings guidance for the 2024 financial year due to higher-than-expected costs. The company cited unforeseen year-end timing differences and additional costs related to a strategic review and deleveraging plan as factors impacting its financial performance. Synlait expects its full-year earnings before interest, taxes, depreciation, and amortization (EBITDA) to be below previous guidance, but is unable to provide an updated outlook due to continuing uncertainty. The company is focused on resetting its balance sheet and delivering on its growth potential in its core Advanced Nutrition and foodservice businesses. [Extracted from the article]

FnB Private Equity has acquired Nestlé's baby-food assets in France, including the NaturNes, Babicao, and Babivanille brands, as well as the P'tit franchises. The deal was approved by competition authorities and worker representatives. However, it does not include Nestlé's infant-formula products or brands in France. The acquired assets will be housed under a company called Azuré Holding, led by Antoine Forbin. The production of the baby-food brands will be centered on a plant in Arches, France. The financial terms of the deal have not been disclosed. [Extracted from the article]

Lifeway Foods, a US kefir business, has experienced sales and profit growth in recent years. Despite facing public criticism and legal disputes, Lifeway Foods remains a leader in the kefir market, with 18 consecutive quarters of net revenue growth. The company is focused on expanding its product offerings, including fresh cheese and pouches for babies and toddlers. Lifeway Foods also recognizes the growing interest in gut health and mental health, with kefir being studied for its potential benefits in these areas. While the majority of sales are generated in the US, Lifeway Foods is looking to expand internationally, particularly in Latin-speaking countries and South America. The company also has aspirations to become a global brand, similar to Tropicana and Hershey's. [Extracted from the article]

Canada's Above Food Corp. has acquired Spain's Brotalia, a plant-based food company that specializes in alternatives to chicken, seafood, burgers, and meatballs. The price of the acquisition was not disclosed. Above Food, which operates as a plant-based food ingredients business, described Brotalia as a leader in advanced research and development of plant-based foods using dry fermentation technologies and 3D bioprinting. This acquisition strengthens Above Food's food technology capabilities and supports its goal of creating a more sustainable and efficient global food ecosystem. Above Food Corp. is preparing for a Nasdaq listing this year following a business combination with Bite Acquisition Corp. [Extracted from the article]

A group of food companies and supermarkets in the Netherlands have formed the Date-Labelling Coalition to address food waste by providing clearer expiry date information on certain products. The coalition includes manufacturers such as Unilever, FrieslandCampina, and Enrico Foods, as well as retailers Albert Heijn, Lidl, Jumbo, and Dirk. Approximately 10% of food waste in the Netherlands is caused by uncertainty over expiration dates, and the coalition aims to educate consumers about the difference between best-before and use-by dates, encouraging them to use their senses to determine if a product is still safe to consume. The coalition will also introduce icons to help consumers identify the status of a product. [Extracted from the article]

This article provides a summary of recent data and financial results in the food industry. Beyond Meat, a plant-based meat alternative company, has seen a decline in revenues and volumes but remains optimistic about its new Beyond IV burger. Tyson Foods, a meat producer, has raised its guidance for operating profit due to improvements in its chicken segment. Hain Celestial, a health food company, has struggled to revive growth in its North America operations. B&G Foods is considering divesting its Green Giant brand within its frozen and vegetables segment. [Extracted from the article]

Clive Sher, the Managing Director and co-founder of Every Bite Counts, discusses the success of their brand, Little Bellies, in the baby food market. Sher emphasizes the importance of quality and brand integrity, as well as the commitment to organic and healthy products. He also highlights the increasing awareness among parents about product ingredients and the need for convenience. Little Bellies has experienced steady growth in North America and plans to expand further in the region. While the business is profitable and open to partnerships, the founders are not actively seeking to sell the company. [Extracted from the article]

The Hain Celestial Group, a US-based company, has announced plans to simplify its food and drinks business range in order to drive future growth. The changes will affect its meal prep, snacks, baby/children's food, and beverages lines. The company aims to streamline its Linda McCartney plant-based meats range and make changes to its baby/children's food and drinks range. These consolidation efforts are part of the company's Hain Reimagined strategy, which aims to build its core product categories across key markets. The company hopes that these changes will save money, increase cash flow, and boost gross margins. [Extracted from the article]

A proposal to increase the quantity of healthier products in Nestlé's portfolio has been rejected by the majority of the company's shareholders at its Annual General Meeting (AGM). The resolution, filed by UK NGO ShareAction and other Nestlé shareholders, called on the company to improve its impact on people's health. Nestlé disagreed with the resolution, stating that it would limit growth and restrict strategic freedom. The rejection of the vote indicates a growing recognition of the importance of addressing the business risks and public health impacts of the food industry. [Extracted from the article]

Conagra Brands plans to close its frozen food plant in Wisconsin, despite a decline in frozen sales. The closure of the Beaver Dam factory, which produces the Birds Eye brand of frozen vegetables, is aimed at improving efficiencies. Hain Celestial has sold its Thinsters sweet biscuits brand to J&J Snack Foods, allowing the company to focus on its core better-for-you brands. New Zealand plant-based business Sunfed Meats has shut down due to a lack of funding, reflecting a global slowdown in the plant-based protein category. Barilla is discontinuing its Tolerant Foods gluten-free pasta line in the US to prioritize its Barilla brand. Dutch poultry business Plukon Food Group has acquired the Algas slaughterhouse and processing facilities in Poland, expanding its presence in the European poultry market. [Extracted from the article]

Hain Celestial has sold its Thinsters cookie business to J&J Snack Foods in an effort to optimize its "better-for-you" portfolio and reduce debts. The financial details of the acquisition were not disclosed. Hain Celestial stated that the sale allows them to focus on driving greater reach and scale of their core better-for-you brands. J&J Snack Foods sees the acquisition as an opportunity to strengthen its position as a leader in providing delicious and fun snacks. [Extracted from the article]

Canada Royal Milk, a company established by China's Feihe Milk, has received regulatory approval to launch infant formula in the Canadian market. The company, which has previously focused on producing powdered milk, plans to expand its product range for sale in Canada. However, there may be concerns about consumer acceptance due to China's food safety reputation. In recent years, Canada has faced issues with infant formula supplies, leading to temporary imports from Europe. The US Federal Trade Commission has called for policies to boost competition and resilience in the national baby formula market. [Extracted from the article]

A trade union is urging Danone, a dairy and water company, to provide more information about its proposed restructuring plans for its operations in Europe. The plans involve moving an undisclosed number of jobs to four European service centers, two of which are in Poland. The union is concerned that this could result in the loss of 450 jobs across Danone's European operations. They are calling on Danone to ensure that there are no forced redundancies and to open talks to help affected staff find alternative employment within the company. Danone recently announced a training program called Danskills, which aims to fill 2,500 positions in Europe by 2027. [Extracted from the article]

A coalition of Nestlé shareholders, led by investment lobby group ShareAction, has filed a resolution demanding that Nestlé increase the proportion of healthy food it sells. Currently, 70% of Nestlé's sales in the UK are from foods that are high in fat, salt, and sugar. Investors with $1.68tn in assets under management, including Legal and General Investment Management, are supporting the resolution, which will be voted on at Nestlé's AGM on April 18. Nestlé has set a 2030 target to increase the sales of "more nutritious" products by 50%, but the shareholders argue that this target includes products that should not qualify as healthy. Nestlé has responded by stating that the assertion that three-quarters of its sales come from unhealthy products is incorrect and that it disagrees with the notion of limiting growth in specific areas of its portfolio. [Extracted from the article]

This article provides a summary of recent data and developments in the food industry. It highlights the performance of Tyson Foods, BellRing Brands, and Hain Celestial during the US earnings season. Tyson Foods expressed cautious optimism for 2024 despite a modest increase in sales revenue and a decrease in adjusted operating profit. Hain Celestial lowered its full-year organic growth guidance due to challenges in its baby-formula segment. BellRing Brands maintained double-digit volume and sales momentum in the first quarter and raised its full-year outlook. Additionally, the article mentions Germany's Westfleisch acquiring The Petfood Company to expand its pet-food arm and Gelato d'Italia purchasing Gelati Giuntoli to strengthen its position in the Italian market. [Extracted from the article]

Nestlé is in discussions with the private equity group FnB regarding the potential sale of its baby food unit in France. The sale would include products such as NaturNes baby pots, Babicao and Babivanille cereal powders, and P'tit yogurt pots, but not the infant formula line. The transaction is expected to be completed by the first half of 2024, pending staff consultation, regulatory approval, and negotiation of sale agreements. The sale would not impact jobs or the company's relationships with customers, partners, or local suppliers. This would be FnB's second acquisition from Nestlé France, following their purchase of the mashed potato brand Mousline in 2022. [Extracted from the article]

The UK's post-Brexit Border Trade Operating Model (BOTM) is expected to cause disruptions for EU traders as they navigate new customs regulations. The regulations, which have been delayed multiple times, will come into effect on January 31st. The impact of the changes is causing anxiety and uncertainty among traders, with concerns about the cost of the Common User Charge, the frequency of physical checks, and the management of goods at border control posts. While there may be some disruptions in April, it is seen as a learning period for the UK's Department for Environment, Food & Rural Affairs (Defra) to determine the implementation of checks. There is a possibility that some EU businesses may choose to cease trade with the UK due to the new regulations. [Extracted from the article]

French dairy company Danone is planning to reduce the wholesale price of its Aptamil infant formula by 7% in the UK. This decision comes after the country's competition watchdog, the Competition and Market Authority (CMA), launched an investigation into high inflation in the baby formula category. The CMA found that infant formula prices had increased by 25% over the past two years. Danone's price cut will apply to three ranges of Aptamil products sold in UK retailer Iceland's stores. The CMA has highlighted that the baby formula market is dominated by two companies, making it vulnerable to price rises. [Extracted from the article]

Dairy & Soy Food, Dairy Alternatives, Baby Food, Frozen, Refrigerated, Savoury Snacks, Meat Alternatives, Vegetarian and Vegan, News, Hain Celestial Keywords: Baby Food; Dairy & Soy Food; Dairy Alternatives; Frozen; Meat Alternatives; Refrigerated; Savoury Snacks; Vegetarian and Vegan; News; Hain Celestial EN Baby Food Dairy & Soy Food Dairy Alternatives Frozen Meat Alternatives Refrigerated Savoury Snacks Vegetarian and Vegan News Hain Celestial N.PAG N.PAG 1 11/10/23 20231108 NES 231108 Hain Celestial said the meat-free category is displaying some positive undertones as sales and market share gain traction. [Extracted from the article]

Keywords: Baby Food; Confectionery; Refrigerated; Shelf-stable; News; Nestle EN Baby Food Confectionery Refrigerated Shelf-stable News Nestle N.PAG N.PAG 1 10/24/23 20231019 NES 231019 Nestlé has reopened a plant in Israel the Swiss giant had temporarily closed due to the conflict with the Palestinian militant group Hamas. Nestlé reopens Israel plant amid Hamas conflict While Nestlé did not disclose for Israel alone in that report, the company said revenue generated from Turkey and Israel together amounted to SFr1.5bn ($1.6bn) last year, up from SFr1.4bn in the previous 12 months. [Extracted from the article]

Champagne has announced a new office of consumer affairs with a "grocery task force", a new grocery code of conduct and more accessible and available data on food prices. Keywords: Baby Food; Bakery and Cereal; Confectionery; Dairy & Soy Food; Dairy Alternatives; Eggs; Fish & Seafood; Fresh produce; Frozen; Ice Cream; News EN Baby Food Bakery and Cereal Confectionery Dairy & Soy Food Dairy Alternatives Eggs Fish & Seafood Fresh produce Frozen Ice Cream News N.PAG N.PAG 1 10/10/23 20231006 NES 231006 Canada's "top five" grocers have pledged to address their prices, a government minister has announced. [Extracted from the article]

Keywords: Baby Food; Confectionery; Dairy & Soy Food; Ice Cream; Shelf-stable; Social Responsibility; News; Nestle EN Baby Food Confectionery Dairy & Soy Food Ice Cream Shelf-stable Social Responsibility News Nestle N.PAG N.PAG 1 10/05/23 20231003 NES 231003 A powerful group of shareholders has accused Nestlé of having a "flawed approach" as the company looks to increase sales of healthier products. Baby Food, Confectionery, Dairy & Soy Food, Ice Cream, Shelf-stable, Social Responsibility, News, Nestle Shareholder group unimpressed with Nestlé's healthy products pledge. [Extracted from the article]

Keywords: Baby Food; Bakery and Cereal; Confectionery; Dairy & Soy Food; Dairy Alternatives; Eggs; Fish & Seafood; Fresh produce; Frozen; Ice Cream; News; British Retail Consortium EN Baby Food Bakery and Cereal Confectionery Dairy & Soy Food Dairy Alternatives Eggs Fish & Seafood Fresh produce Frozen Ice Cream News British Retail Consortium N.PAG N.PAG 1 10/05/23 20231003 NES 231003 UK food prices dropped on the previous month for the first time in over two years due to "fierce competition" between retailers, an industry body has said. The British Retail Consortium (BRC) said the price of an average food basket in September was down 0.1% on the previous month, marking the first monthly drop since July 2021. [Extracted from the article]

Keywords: Baby Food; Confectionery; ESG; Frozen; Ice Cream; Shelf-stable; News; Nestle EN Baby Food Confectionery ESG Frozen Ice Cream Shelf-stable News Nestle N.PAG N.PAG 1 10/03/23 20230928 NES 230928 Nestlé has set a 2030 target for increasing the sales of "more nutritious" products by 50%. Nestlé makes fresh pledge on healthier products with 2030 sales target The target applies to Nestlé products with a Health Star Rating (HSR) of 3.5 stars or more, together with its specialised nutrition products, including baby foods, vitamin and mineral supplements and medical nutrition. [Extracted from the article]

News, Danone, Dairy & Soy Food Keywords: Dairy & Soy Food; News; Danone EN Dairy & Soy Food News Danone N.PAG N.PAG 1 09/19/23 20230914 NES 230914 Danone is expanding a factory in Poland to manufacture "medical nutrition" products. [Extracted from the article]

Keywords: Baby Food; Dairy & Soy Food; News; Hochdorf EN Baby Food Dairy & Soy Food News Hochdorf N.PAG N.PAG 1 09/14/23 20230912 NES 230912 Hochdorf today (12 September) set out its plan to close the factory in its namesake Swiss town as part of the group's efforts to focus on infant formula. Baby Food, Dairy & Soy Food, News, Hochdorf. [Extracted from the article]

Baby Food, Dairy & Soy Food, Frozen, Meat, Shelf-stable, News, Kraft Heinz Keywords: Baby Food; Dairy & Soy Food; Frozen; Meat; Shelf-stable; News; Kraft Heinz EN Baby Food Dairy & Soy Food Frozen Meat Shelf-stable News Kraft Heinz N.PAG N.PAG 1 08/17/23 20230814 NES 230814 Kraft Heinz has named Carlos Abrams-Rivera, the head of the company's operations in North America, as its new CEO. [Extracted from the article]

Don exemplifies the rare type of leader that will take Cerebelly to the next level of performance as a pioneering and mission-led baby food company." Keywords: Baby Food; News EN Baby Food News N.PAG N.PAG 1 08/11/23 20230809 NES 230809 Cerebelly, a US-based producer of "cognitive-focused" baby food, has named retail executive Don Clark as its new CEO. [Extracted from the article]

Just Food: Nature's Path has made a number of acquisitions, including one recently, which ha... Arjan Stephens: We are taking the opportunity of the inflationary period to look at small organic food brands that we can help grow. The Richmond, British Columbia, business, established more than 35 years ago and manufacturing brands such as Nature's Path, Love Crunch, Que Pasa, and EnviroKidz, has a turnover estimated at C$400m ($303.7m). Keywords: Baby Food; Bakery and Cereal; Shelf-stable; Interviews EN Baby Food Bakery and Cereal Shelf-stable Interviews N.PAG N.PAG 1 07/31/23 20230727 NES 230727 Following the retirement of Ratana Stephens, the co-founder and CEO of Canada's Nature's Path Organic Foods, her son Arjan has taken the reins to "lead the company's growth and sustainability strategy to the 50 countries and growing to which it sells". [Extracted from the article]

Nestlé confirms state for next food factory in India Keywords: Baby Food; Bakery and Cereal; Confectionery; Dairy & Soy Food; Frozen; Ice Cream; Non-Alcoholic Beverages; Pet Food; Refrigerated; Savoury Snacks; News; Nestle EN Baby Food Bakery and Cereal Confectionery Dairy & Soy Food Frozen Ice Cream Non-Alcoholic Beverages Pet Food Refrigerated Savoury Snacks News Nestle N.PAG N.PAG 1 07/20/23 20230718 NES 230718 Nestlé is set to build a new food processing unit in eastern India at a cost of Rs8.94bn ($108.9m). Bakery and Cereal, Baby Food, Dairy & Soy Food, Frozen, Ice Cream, Confectionery, Pet Food, Refrigerated, Non-Alcoholic Beverages, Savoury Snacks, News, Nestle. [Extracted from the article]

Baby Food, Confectionery, Bakery and Cereal, Dairy & Soy Food, Frozen, Non-Alcoholic Beverages, Ice Cream, Refrigerated, Pet Food, News, Nestle, Savoury Snacks Nestlé's annual report stated that the company has factories making drinks, dairy products and confectionery in India. Keywords: Baby Food; Bakery and Cereal; Confectionery; Dairy & Soy Food; Frozen; Ice Cream; Non-Alcoholic Beverages; Pet Food; Refrigerated; Savoury Snacks; News; Nestle EN Baby Food Bakery and Cereal Confectionery Dairy & Soy Food Frozen Ice Cream Non-Alcoholic Beverages Pet Food Refrigerated Savoury Snacks News Nestle N.PAG N.PAG 1 09/22/23 20230717 NES 230717 Nestlé is set to build a new food processing unit in eastern India at a cost of Rs8.94bn ($108.9m). [Extracted from the article]