Nestlé has agreed to sell its US confectionery business to Ferrero for CHF 2.8 billion ($2.9bn), with the company explaining that it remains fully committed to growing its international confectionery activities around the world, particularly its global brand KitKat.

To continue reading,
please login or subscribe to The Canmaker

Previous articleA healthy outlook
Next articleEU proposes 100 percent recycling or reuse plan for packaging