Nestle selling North American bottled-water brands for $4 3B myjournalcourier.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myjournalcourier.com Daily Mail and Mail on Sunday newspapers.
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New York, Feb. 18, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Medical Foam Market Research Report by Form, by Material, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19 - https://www.reportlinker.com/p05993402/?utm source=GNW
Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. This helps organization leaders make better decisions when currency exchange data is readily available.
1. The Global Medical Foam Market is expected to grow from USD 27,364.48 Million in 2020 to USD 36,574.46 Million by the end of 2025.
2. The Global Medical Foam Market is expected to grow from EUR 23,993.69 Million in 2020 to EUR 32,069.18 Million by the end of 2025.
Pandemic pet surge sends Nestlé sales soaring
Purina Petcare division drives sales growth last year up more than a tenth from 2019 levels
18 February 2021 • 11:38am
Nestlé posted its fastest sales growth in five years as it was fuelled by demand for pet food and vitamin supplements in lockdown.
The world’s largest food company continued to outshine its rivals by notching up organic sales growth of 3.6pc in 2020 - the highest level since 2015.
Its Purina Petcare division was the biggest driver of growth, with sales up 10.2pc compared with 2019.
The health science arm also buoyed its performance with sales up 12.2pc on strong demand for its vitamin and mineral supplements ranges.
Nestle selling North American bottled-water brands for accesswdun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accesswdun.com Daily Mail and Mail on Sunday newspapers.
Swiss food conglomerate Nestlé SA has agreed to sell several North American regional spring water brands, including Maine-based Poland Spring, to a pair of private equity firms for $4.3 billion.
The buyers are an affiliate of One Rock Capital Partners LLC, a New York-based investment firm focused on high-potential middle market businesses, and Metropoulos & Co., a family-owned backer of several food and beverage brands including Hostess Brands, Utz snacks, Pabst Brewing Co. beer and Ghirardelli Chocolates.
A spokesman for Nestlé was not immediately available to comment on interest from other potential suitors or when talks with that led to the transaction began. Coca-Cola Co. and PepsiCo Inc. had previously been cited by Bloomberg News as potential buyers for the brands.