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To boost organic farming in China, the global sustainable food company Nestle announced that its subsidiary Nestlé China plans to invest $57 million for sustainable agriculture in the country.

  • Part of the investment will promote the development of local grain cultivation in Heilongjiang Province, with an initial focus on organic grains. This will be done through the new Nestlé Grain Competence Center (GCC), Nestlé’s first such facility worldwide.
  • Nestlé will also complete an expansion and upgrade of the Nestlé Dairy Farming Institute (DFI), strengthening its role in dairy farming training and as a sustainable source of high-quality local milk, especially for Nestlé’s A2 milk products.

    The prominent investments and deals by Nestlé are featured below:

    Aug 2020: The luxury coffee maker Nespresso an operating unit of Nestle Group has announced investment in the Democratic Republic of Congo’s coffee business. The Reviving Origins program aims to restore coffee production in regions where it is under threat, bringing back to life some of the rarest fine coffees.

    July 2020: The global food giant Nestlé announced that it partnered with the Ministry of Water and Forests of Côte d’Ivoire to protect and restore the Cavally forest reserve and enhance the resilience of local communities.
    July 2020: Nestlé Group’s operating unit Nespresso has announced an investment of $170 million to expand its Romont production center in Switzerland. The fresh funding helps to meet increasing consumer demand for its high-quality premium coffees.

    May 2020: Nestlé announced donation of ventilators to Côte d’Ivoire in fight against COVID-19 pandemic. Ivorian Government has taken series of preventive measures to minimize the spread of the coronavirus. The donation included two ventilators, complementing the 18 ordered by the government in addition to the four already available in this West African country of 25 million inhabitants.

    May 2020: The Nestlé announced a series of investments totaling USD 103 million that will further strengthen its footprint in China and continue to enhance its product portfolio with innovative and premium products.

February 2020: The world’s leading food processing firm Nestlé announced that its subsidiary Nestlé Mexico plans to invest US$700 million in building a new coffee processing plant in Veracruz and modernising 16 sites in Mexico. The fresh investment will generate 400 direct and 4000 indirect jobs in the country.

About Nestlé

Nestlé is the world’s largest, most diversified food and beverages company.

Established over 150 years ago, Nestlé employs more than 300,000 worldwide. Nestlé is dedicated to advancing nutrition, health, and wellness in a way that is sustainable and responsible and the company is a leader in many of the fastest growing food and beverages categories including coffee, petcare, bottled water and infant formula. Nestlé has some of the world’s most recognisable brands, with household names like Nescafé, global icons like Perrier and local favourites like NaturNes and Milo.

Nestlé’s strengths include global reach, an attractive product portfolio, powerful brands, industry-leading R&D and talented workforce.

Nestlé has added substantial shareholder value with dividends increasing in each of the past 24 years and is on path of achieving mid single-digit organic growth by 2020.

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