Nestle SA

Galderma, a joint venture between Nestl and LOral, cuts down inventory in global supply chain after rolling out TXT Sales & Operations Planning software.

The $2.45 billion acquisition is expected to be completed in the second quarter of 2014, subject to customary closing conditions.

Nespresso is announcing the opening of commercial operations in Colombia for the first time, commencing later this year.

Nestle's premium sports nutrition business operates mostly in the United States, Canada, western Europe, Australia, New Zealand and Japan.

Brynwood Partners has a well-established track record of reviving smaller brands or businesses that are divested from large corporations.

Nestl has invested CHF 9.9 million to expand production at one of its major regional manufacturing hubs, in western Turkey, creating an additional 100 jobs.

Nestle has set up an innovation outpost in Silicon Valley, Calif. to help deepen relationships with consumers online and in social media.

Nestl is continuing to boost growth in Europe by opening a new CHF 73 million (about 2.6 billion roubles) Maggi factory in Russia.