Nestle SA

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.

The new platform from Accenture and hybris will help Nespresso offer a more personalized and complete customer experience and allow Nespresso to benefit from streamlined and consistent technology and processes across the 41 countries in which it operates.