Nestlé CEO Laurent Freixe bets big on innovation with multi-billion sales goal
Barclays expects 2025 to be a “transitional” year for Nestlé as Freixe employs a “virtuous circle” to drive growth.
22 November 2024
22 November 2024
Barclays expects 2025 to be a “transitional” year for Nestlé as Freixe employs a “virtuous circle” to drive growth.
The Brazil-headquartered protein major is working with the Nigerian government to help boost food security.
The two ventures have both been in place for more than a decade.
The facility in Europe will be located in Hungary, CJ CheilJedang said.
Stahl will be replaced in the role by Sebastian Schaeffer, Hochland’s chief commercial officer.
Lifeway said the revised offer “is not in the best interests of the company and its shareholders or other stakeholders”.
For BRF, the deal marks “the beginning of industrial operations” in China, where it already has a commercial presence.
The market for plant-based cheese has lagged those of other dairy alternatives in part due to the taste of products.
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