First off, I don’t have any insider info. This is purely a speculative piece. And really, who else but Nestlé really knows, and they probably haven’t decided on whom or whether either. But let’s consider the candidates: Hershey, Ferrero, Mondelez International, Mars, Perfetti Van Melle, Leaf Brands and perhaps even Tootsie Roll? And then there’s the recent comment made by Just Born’s Matt Pye about buying select brands.
As I’ve come to realize over the years, my crystal-balling powers haven’t earned me any plaudits. Hence, it’s one of the reasons I stay away from speculation regarding who’s going to buy whom. But there are always exceptions to the rule.
Seventy-five percent of pizza lovers enjoy pan-style pizza. But, pizza fans couldn't have a crispy, baked fresh from their own oven, pan-style pizza…until now.
Switzerland-based Nestlé S.A. says it’s “exploring strategic options” for its nearly $1-billion U.S. confectionery business, including a possible sale.