NESTLÉ AND LACTALIS
Nestlé S.A. and Lactalis jointly state that they remain fully committed to the planned common business in the chilled dairy sector, as announced in December of 2005. Both companies believe that the creation of a European venture in the yoghurt and chilled dessert sector will ultimately benefit consumers through increased innovation.
After filing with the anti-trust authorities of the European Union at the end of June 2006, and as a result of discussions between the companies and the Commission, the companies were informed that some changes were required. As a procedural matter, Nestlé and Lactalis decided to withdraw the filing and to resubmit a modified proposal to the Commission in mid-August 2006. The amendments will not significantly affect the core sectors of the common business.
Nestlé and Lactalis remain confident that a positive outcome can be expected and look forward to concluding the operation in the course of 2006.
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WHAT IS NESTLÉ’S POSITION ON THE EUROPEAN "TRAFFIC LIGHTS" SCHEME OF FOOD LABELLING?
Nestlé is opposed to an introduction of the "traffic lights" or other similar schemes which focus only on negative nutrients. A "green", "yellow", "red" light approach to the nutritional merits of a food does not help place the food in the context of an individual's needs nor in the context of a balanced, varied and moderate diet, the key to good health.
Furthermore, traffic light schemes do not encourage step by step product improvement, since only major reductions of a negative nutrient would change a traffic light status. Nestlé is introducing the Nutritional Compass on all its products worldwide to help consumers make informed purchasing decisions with a focus on Nutrition. As part of the forthcoming revision of the EU Nutrition Labelling Directive, expected to commence in 2007, we will participate with all other stakeholders in identifying ways to best communicate relevant nutrition information to consumers.
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WHAT WAS NESTLÉ'S REPONSE TO THE EARTHQUAKE DISASTER IN THE KASHMIR REGION?
Nestlé Pakistan sent products to the value of approximately USD 300,000, including UHT and powdered milk, instant noodles and bottled water, into the affected areas. These were distributed through three main centers set up in the towns of Muzzafarabad, Mansehra and Bagh. Nestlé organized its own distribution with the help of more than 40 Nestlé employees and distributors who volunteered for this work, rather than burden already strained official channels. These efforts were co-ordinate by a group of senior Nestlé managers, including the Managing Director of Nestlé Pakistan.
Nestlé Pakistan also contributed approximately USD 600,000 to the Tsunami victims in Sri Lanka.
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NESTLÉ ACQUISITIONS
Chef America acquisition
On September 12 2002, the U.S. Federal Trade Commission cleared the way for Nestlé's acquisition of Chef America, Inc., to go ahead. The USD2.6bn acquisition brought the 5th-largest producer of frozen food in the U.S. into the Nestlé world. Chef America is best known for its hald-held food products that are sold under the Hot Pockets, Lean Pockets and Croissant Pockets brands.
Ralston Purina acquisition
On January 16, 2001, Nestlé announced that it had agreed to merge with Ralston Purina at a cost to Nestlé of USD10.3 bn. This merger was accepted by European and U.S. trade authorities at the end of 2001. The acquisition of Ralston Purina follows the purchase of Spillers Petfoods in 1998.You can find more information on the Ralston Purina acquisition in our press release of December 11, 2001.
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NESTLÉ WEB SITES
Where can I get a full list of all the Nestlé Worldwide sites?
Please select our Nestlé Web Sites for a full list of all our worldwide sites.
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NESTLÉ INVESTMENT POLICIES IN THE MIDDLE EAST
What are Nestlé investment policies in the Middle East?
In response to various enquiries on Nestlé Group corporate policy with regard to the conflict in the Near East, Nestlé states that as a truly global company it operates in almost all countries in the world, employing some 230 000 people of more than 100 nationalities and of many creeds.
Nestlé has consistently emphasized the importance of mutual respect and tolerance, regardless of culture, religion or nationality. Guided by these principles, the Group's investment decisions have always been based only on commercial and industrial viability, excluding political considerations. This is how we have invested, among other countries elsewhere in the world, in Saudi Arabia, Egypt, Syria, Tunisia, Morocco, Israel and further in Pakistan and Indonesia, demonstrating all the time respect for cultural, ethnic and religious diversity.
In each and everyone of these countries the Company serves the needs of its consumers, as well as the interests of its local staff.
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