Tag Archives: Nestle

Nutella Maker Reportedly Snags Deal to Buy Nestlé’s U.S. Candy Business

Source: Grub Street NY

It looks like Nutella is about to get some American stepsiblings. Italian parent company Ferrero has reportedly struck a $2.8 billion deal to acquire all of Nestlé’s U.S. candy brands. An insider tells Bloomberg News that the official announcement could come as soon as Sunday, and it’d put Nutella …

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Nestlé Is Bailing From the U.S. Chocolate Business

Source: Grub Street NY

Nestlé is breaking things off with chocolate: The Butterfinger, Baby Ruth, and Crunch bar-maker says today that it’s done trying to sell candy bars to health-conscious American consumers. So, up for sale: the entire U.S. division of literally the first thing you associate with the world’s largest food company.

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Nestlé Has Purchased Organic Coffee–Maker Chameleon Cold-Brew

Source: Grub Street NY

Chameleon Cold-Brew says today that it’s been bought by Nestlé, making millennials’ patron saint of bottled coffee part of Earth’s biggest food company, right alongside Blue Bottle, which Nestlé acquired for half a billion dollars in September. Reuters reports that terms of the deal weren’t released, but assume …

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James Freeman Understands the Backlash, But Says Nestlé’s Investment Won’t Change Blue Bottle

Source: Grub Street NY

Last week, news broke that Nestlé had purchased a 68 percent majority stake in the boutique and beloved coffee company Blue Bottle, for a reported $500 million. Despite the fact that Blue Bottle had already raised over $100 million from investors (including Instagram founder Kevin Systrom and …

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Nestlé Buys Majority Stake in Blue Bottle

Source: Grub Street NY

Today, Nestlé announced that it has bought a 68 percent stake in third-wave café and roaster Blue Bottle. The purchase, reported by the Financial Times to be $500 million, values the company in excess of $700 million. Blue Bottle has followed fellow gourmet-coffee makers Stumptown and Intelligentsia, …

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Africa’s Child Cocoa Slaves Might Get to Sue Nestlé in U.S. Court

Source: Grub Street NY

By now, it’s no secret that making chocolate can be a dirty business in, like, the human-rights-violations sense. For years, advocates have complained that Nestlé, Mars, and Hershey do precious little to ensure their candy isn’t produced with the use of child slavery, which …

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Nestlé Claims to Have Invented Magical Sugar

Source: Grub Street NY

Nestlé’s mad scientists — the groundbreaking team behind Nespresso multivitamin pods and diabetes pills in “appealing snack” form — are back with a new creation that’s being called “sugar lite” by the New York Times. It’s a chemically restructured version the food producer claims …

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Wonkblog: How climate change is affecting the world’s biggest food company

Source: Washington Post Food Section

Food is a necessity, but it’s also a big business.

That duality has often pitted consumers against the powerful food corporations that farm, produce, and ultimately feed large swaths of the global population, especially on questions of health and sustainability. But with national diets in this country leading to obesity and diabetes epidemics and global issues around poverty, food waste and climate change, consumers and producers are having new discussions about their relationship to one another.

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Listage: Why Poison Is Good For You; Last Call at Tangier

Source: Eater Philly

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[Photo: Stock/Instagram]

· The Summer of Sunburned Fruit [ModFarm]
· Bar Bites Back at Yelp Review [-EN-]
· Returning Nutrients In Our Pee Back to the Farm [NPR]
· Blackmail in Burgundy [Nat Geo]
· Why Taco Bell Calls its Workers ‘Champions’ [Atlantic]
· Inside Nestle USA’s Test Kitchen & Headquarters [Epicurious]
· Why Poison Is Good for You [Outside]
· Cookbook Review: The Texas Food Bible [-EN-]
· Another Pizza Place Opens at 11th and Jackson [P’yunk Post]
· Last Call at Tangier: A Bar Man’s Tough Decision [Philly.com]

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It’s not the dough. It’s the size of the chocolate chip.

Source: Washington Post Food Section

After years of baking for teacher luncheons, tailgate parties and cookie exchanges, I can say that chocolate chip cookies are traded enough to merit their own seat on any public stock exchange. They are America’s favorite.

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