Nestle is reportedly in embroiled in a pricing spat with members of the European retail buying group AgeCore.
Reuters yesterday reported the world’s largest food maker was in talks to end the dispute with AgeCore, which represents six European grocers, including Belgium’s Colruyt, the Switzerland-based retailer Coop and Germany’s Edeka.
Go deeper with GlobalData
According to the news agency, the row has led to Nestle products not being available in stores. It cited Coop having halted orders of more than 150 of the Swiss giant’s products, including Cailler Perle chocolate and pizza brand Buitoni La Fina.
Approached by just-food, a spokesperson for Coop intimated talks were being held over the issue but declined to comment further.
“With regards to the current negotiations, we do not further comment at this time,” the spokesperson said.
Officials at Nestle, Colruyt and Edeka had not returned requests for comment at the time of writing.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataLast week, Nestle reported its slowest annual sales growth this century.
