British Airways owner eyes takeover of healthy food companies to invest in carrier Norwegian, which offers no-frills flights to the U. Want to buy breakfast with gold? Millions face British Gas price hike: Energy bills for dual fuel customers will increase by an average of 5. Nestle and Unilever have expanded their portfolio of healthy foods and teas by purchasing food companies Sweet Earth and Pukka Herbs respectively.
Nestle, who recently said it wants to become a ‘nutrition, health and wellness’ company, did not disclose the price it paid for Sweet Earth – but the maker of frozen meals, burritos, breakfast sandwiches and burgers shows it is fully committed to the healthy food craze. 30million and growth of 30 per cent. This should lift Unilever’s portfolio, which includes large tea brands Lipton and PG Tips. Nestle’s entrance into the US market for plant-based foods, through the acquisition of Sweet Earth, comes at a time when its consumer sales have shrunk. The company’s like-for-like sales growth rate, six months to the end of June, was 2.
4 per cent lower than what was expected by analysts. So, how long until these classic British brands are ruined? Now Project Fear warns about CHEESE! Paul Grimwood, Nestlé USA Chairman and CEO explained the strategy behind the purchase. In the United States, we’re experiencing a consumer shift toward plant-based proteins. In fact, as many as 50 percent of consumers now are seeking more plant-based foods in their diet and 40 percent are open to reducing their traditional meat consumption.