Expected to begin operations in the second quarter of 2028, the new Ituiutaba facility will create approximately 100 new jobs.
The sale to Wood Partners marks the Boston, US-based PE firm’s sixth significant carve-out acquisition from five major global consumer companies, including Bayer, Reckitt, Unilever and Haleon.
The Vienna Public Prosecutor has launched a probe into Nestlé, while the Innsbruck Public Prosecutor is investigating Danone.
This effort is part of the company’s ongoing commitment to providing consumers with a range of high-quality, nutritious foods and beverages that reflect their diverse choices.
Nestlé Japan has named beverage executive Motoi Shimakawa as its next President and CEO, succeeding Tatsuhiko Fukaya as the company accelerates digital and beverage growth.