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Nestlé USA announced that it has acquired Essentia Water, a premium functional water brand headquartered in Bothell, Wash. Essentia pioneered ionized alkaline water more than twenty years ago and is the leading brand in that space in the US.
Nestlé announced that it has acquired Freshly, one of the leading fresh-prepared meal delivery services in the US The deal values Freshly at $950 million, with potential earn-outs up to $550 million contingent to the successful growth of the business. This transaction was signed and closed on Oct. 30, 2020.
Since 2003, Brynwood Partners has acquired the Flipz, DeMet's Turtles, Treasures, Stixx, Juicy Juice, Bit O Honey, Nutrament and Joseph's Gourmet Pasta brands from Nestlé
The transaction, which includes a 240,000 square foot manufacturing facility in Danville, Va., is expected to close within the next 30 days, subject to customary US regulatory review. Terms and conditions of the deal are not being disclosed.
Nestlé introduced Life Cuisine, a new brand delivering satisfying meal solutions that match approaches to eating well. From gluten-free to high-protein, Life Cuisine is made with flavorful ingredients.
Nestlé Drumstick, an Oakland, Calif.-based brand of Nestlé USA, Arlington, Va. said it is unveiling new Crushed It! sundae cones and bars this spring. The offerings feature a unique cookie coating made with a new-to-market proprietary technology.
The cocoa in the latest Nestlé innovation is high-quality, with a rich chocolate flavor and roasted notes, pairing well with cinnamon, speculoos, maple, honey, caramel, almonds and walnuts
Since forming their alliance, both companies saw creamers as a growth opportunity and leveraged Nestlé’s more than 50 year expertise in the creamer category and Starbucks nearly 50 year heritage and well-loved coffee house flavors.
The Garden Gourmet Incredible Burger is 100% plant-based, with natural protein from soy and wheat. Natural plant extracts – beetroot, carrot, and bell pepper – help create the look of a beef burger before, during, and after cooking.