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Nestlé

Nestle to acquire Bountiful Co.’s core vitamin brands

Nestle to acquire Bountiful Co.’s core vitamin brands

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

Nestlé to sell U.S. candy business to Ferrero for $2.8B

Nestlé to sell U.S. candy business to Ferrero for $2.8B

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

Walmart, Kroger part of major food safety project

Walmart, Kroger part of major food safety project

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.,