VEVEY, Switzerland — Nestlé agreed on Friday to acquire The Bountiful Company’s core vitamin brands for $5.75 billion. The deal includes the Nature’s Bounty, Solgar, Osteo Bi-Flex and Puritan’s Pride brands, as well as the Bountiful Co.’s U.S. private label business. Those brands will be integrated into Nestlé Health Science, creating a global leader in
VEVEY, Switzerland — Food and beverage giant Nestlé is selling its U.S. confectionery business to Italy-based Ferrero Group for $2.8 billion (U.S.) in cash. With the acquisition the Nestlé U.S. candy business, announced Tuesday, Ferrero will become the third-largest confectionery company in the U.S. market. The move will add more than 20 American brands to
ARMONK, N.Y. — Walmart and Kroger Co., two of the nation’s biggest retailers, are participating in a major blockchain collaboration with IBM Corp. and food companies to bolster consumer confidence in the global food system. IBM said Tuesday that is working with the consortium — also including Dole, Driscoll’s, Golden State Foods, McCormick and Co.,