Tag Archives: Nestle

Nestle Nigeria to triple sales to $2.2bn in ten years: CFO

LAGOS: Nestle Nigeria plans to triple its revenues in Nigeria to 351 billion naira ($2.2 bln) over the next ten years, its chief financial officer told Reuters.



Martin Kruegel earlier said the food manufacturer would invest 100 billion naira over a ten year period to achieve its sales target.


“Our aim is to triple our Nigerian sales over the next ten years from 117 billion naira currently,” he said, adding that the additional investment would drive that target.


Nestle finds horsemeat in beef meals

MT Nestle office Nestle, the world’s biggest food company, has removed beef pasta meals from shelves in Italy and Spain after tests revealed traces of horse DNA.


The Swiss-based firm has halted deliveries of products containing meat from a German supplier.


Nestle is the latest in a string of major food producers to find traces of horsemeat in beef meals.


A spokesman for the company said levels of horse DNA were very low but above 1%.


Last week the firm said its products did not contain horsemeat.


Nestle withdrew two chilled pasta products, Buitoni Beef Ravioli and Beef Tortellini, in Italy and Spain.


Lasagnes a la Bolognaise Gourmandes, a frozen product for catering businesses produced in France, will also be withdrawn.


A spokesman for the company told the BBC that Nestle had identified a problem with a supplier from Germany.

‘New tests’

A statement on the Nestle website identified the supplier as HJ Schypke, a sub-contractor of JBS Toledo, a major meat processing company based in Belgium.


“There is no food safety issue, but the mislabelling of products means they fail to meet the very high standards consumers expect from us,” the statement said.


In addition to removing the three affected products from sale, Nestle would be “enhancing our existing comprehensive quality assurance programme by adding new tests on beef for horse DNA prior to production in Europe”, it added.

Continue reading the main story In mid-January, Irish food inspectors announced they had found horsemeat in some burgers stocked by UK supermarket chainsSubsequently, up to 100% horsemeat found in several ranges of prepared frozen food in Britain, France and SwedenConcerns that a drug used to treat horses, and which may be harmful to humans, could be in food chainMeat traced from France through Cyprus and The Netherlands to Romanian abattoirsInvestigation suggests adulteration was not accidental but the work of a criminal conspiracyThe BBC’s Imogen Foulkes in Geneva says the news that the world’s biggest food producer is now having to withdraw some foods, shows the problem is far wider than previously thought and, critics say, how dangerously unregulated the food industry has become.


The widening scandal over mislabelled horsemeat has affected at least 12 European countries, including Switzerland, where the retailer Co-op – famous for its broad range of organic, locally-sourced food – was on Monday forced to remove nine different products from its shelves.


Last Wednesday, the company said it had found horsemeat in its own-brand frozen lasagne produced by the Comigel food processing company in France.


Co-op now faces possible charges of negligence from the Swiss authorities.


France meanwhile partially lifted a production ban for another meat processing firm, Spanghero.


The French government revoked its licence last week over suspicions that Spanghero knowingly sold horsemeat labelled as beef, an allegation the company rejects.


The French authorities said that unwitting workers should not be penalised.


As a result the firm will be allowed to produce minced meat, sausages and ready-to-eat meals, but not to stock frozen meat.


Meanwhile the UK and Germany have also both pledged to step up testing of frozen food products.

Nestle finds horsemeat in pasta dishes in Italy, Spain

horsemeat 400VEVEY: Swiss food giant Nestle has become the latest retailer hit by Europe’s horsemeat scandal, announcing it is removing pasta meals from supermarket shelves in Italy and Spain due to contamination.

“Our tests have found traces of horse DNA in two products,” the world’s biggest food company said in its statement Monday.

“The mislabeling of products means they fail to meet the very high standards consumers expect from us,” it added. Therefore the company is “voluntarily removing” two chilled pasta products, Buitoni Beef Ravioli and Beef Tortellini from sale in Italy and Spain immediately.

The tainted products breached the one percent threshold the British Food Safety Agency uses to indicate likely adulteration or gross negligence, Nestle said.

A Nestle frozen meat product for catering businesses, produced in France, will also be withdrawn from sale.

Nestle apologised to consumers while assuring that “actions being taken to deal with this issue will result in higher standards and enhanced traceability.”

Concerns about horsemeat first emerged in mid-January when Irish authorities found traces of horse in beefburgers made by firms in Ireland and Britain and sold in supermarket chains including Tesco and Aldi.

The scandal then intensified when French firm Comigel alerted Findus this month to the presence of horsemeat in the meals it had made for the food giant and which were on sale in Britain.

Since then, supermarket chains have removed millions of “beef” products as tests are carried out to detect horsemeat, which is eaten in many European countries but is considered taboo in Britain.

Horsemeat in “beef” ready-to-eat meals had already been confirmed in products found in Britain, Ireland, France, Austria, Finland, Norway, Denmark, the Netherlands, Germany and Sweden. Most of the mislabelled products were made by Comigel.

With Italy and Spain now also tainted by the horsemeat scandal it appears that most of the continent has been affected.

Copyright AFP (Agence France-Presse), 2013

Nestle recalls beef meals after finding horse meat

Updated February 19, 2013 12:27:55

Nestle, the world’s biggest food company, has removed beef pasta meals from shelves in Italy and Spain after tests revealed traces of horse DNA above one per cent.

The Swiss-based company, which just last week said products under its labels were not affected by the escalating horse meat scandal, said it had informed the authorities.

Nestle has been forced to remove nine different products from its shelves and now faces possible charges of negligence from Swiss authorities.

Among the products withdrawn are Buitoni Beef Ravioli and Beef Tortellini, in Italy and Spain.

Lasagnes á la Bolognaise Gourmandes, a frozen product for catering businesses produced in France, will also be withdrawn.

A statement published on the company’s website read: “When reports first emerged in the United Kingdom about the fraudulent mislabelling of beef, we enhanced testing of our products and the raw materials we use across Europe.

“We are now suspending deliveries of all our finished products produced using beef supplied by a German firm, HJ Schypke, a subcontractor of one of our suppliers, JBS Toledo NV.

“Our tests have found traces of horse DNA in two products made from beef supplied by HJ Schypke.

“The levels found are above the one per cent threshold the UK’s Food Safety Agency uses to indicate likely adulteration or gross negligence. 

“There is no food safety issue, but the mislabelling of products means they fail to meet the very high standards consumers expect from us.

“We want to apologise to consumers and reassure them that the actions being taken to deal with this issue will result in higher standards and enhanced traceability.”

The discovery of horse meat in products labelled as beef began in Ireland last month and has rapidly spread across Europe, resulting in several product withdrawals and government investigations.

BBC/Reuters

Topics: food-processing, food-safety, food-and-beverage, italy, spain

First posted February 19, 2013 11:11:21

Nestle sees challenges ahead as 2012 results in line

nestle 400VEVEY: Nestle’s said it expected 2013 to be as challenging as 2012 as it reported sales growth picked up in the last three months of 2012 after a disappointing third-quarter for the world’s biggest food group.

Underlying sales growth at the maker of KitKat chocolate bars and Maggi soup came in at 5.9 percent for the year, meeting average analyst expectations, and implying a slight recovery from just 5 percent third-quarter growth.

Growth in Asia, Oceania and Africa, which accounted for about one fifth of sales, came in at 8.4 percent. Third-quarter sales in the region took a surprise hit from one-off events such as typhoons in the Philippines, social unrest in Egypt and business disruptions due to sanctions on Iran.

Despite the challenges, Chief Executive Paul Bulcke said Nestle still expects to meet its standard outlook for 5-6 percent underlying sales growth this year as well as improved margin and underlying earnings per share in constant currencies.

Copyright Reuters, 2013

Nestle appoints new managing director

Batato replac­es Donald who will be MD of Africa­n region. Nestle’s product portfolio includes dairy products such as Milk Pak, Nido, Everyday and yogurts; beverages like Fruita Vitals, Milo and Nescafe; and food products like Maggi noodles, Cerelac, breakfast cereals and confectionaries.

KARACHI: Nestle Pakistan on Friday announced a change in its top management and Magdi Batato became the new managing director with effect from May 25, according to a statement issued by the company.

Batato replaced Ian James Donald, who would be serving as managing director of Nestle Equatorial African Region (EAR).

Batato was the group technical and production director for Nestle UK and Ireland. He joined the Nestle group in 1991 in Switzerland and has pursued a successful factory and technical management career in Switzerland, Germany, Lebanon, South Africa, Malaysia, the UK and Ireland.

Donald had been managing director of Nestle Pakistan since September 1, 2009. He was deputed from Nestle Malaysia Berhad, where he served as director of ice cream, chilled products and associated businesses.

Under his leadership, Nestle Pakistan succeeded in delivering strong financial results despite floods for two consecutive years, which hit the livestock sector and affected production channels of the company.

Nestle’s product portfolio includes dairy products such as Milk Pak, Nido, Everyday and yogurts; beverages like Fruita Vitals, Milo and Nescafe; and food products like Maggi noodles, Cerelac, breakfast cereals and confectionaries.

Published in The Express Tribune, May 26th, 2012.

Teamwork: Agri-university and Nestle join hands

Both will enhanc­e cooper­ation to uplift Pakist­an’s agri-econom­y. Nestle will also invest in internship and general scholarships for the UAF students to develop their skill sets and equip them with state of the art education.

FAISALABAD: 

The University of Agriculture Faisalabad (UAF) and Nestle Pakistan Limited will enhance their cooperation in areas of agricultural and livestock researches especially keeping in view uplift of agrarian and dairy sector to increase milk, meat production and per acre yield with highly nutrient foods.

In this regard, a Memorandum of Understanding was signed by UAF Vice Chancellor Professor Dr Iqrar Ahmad Khan and Nestle Pakistan Limited Managing Director Ian James Donald. Nestle will also invest in internship and general scholarships for the UAF students to develop their skill sets and equip them with state of the art education.

On the occasion, the UAF Vice Chancellor said that nutrient food is one of the areas in which country is lagging behind. Tangible steps on the part of farming community and scientists are required to meet the challenge. He showed his concern that per animal milk production in the country was very low compared to other countries despite the fact that the country has 50 million livestock animals.

He said that Pakistan was self sufficient in food but water issues are disturbing the equilibrium. He called for devising a roadmap to produce and provide nutritious food to the people of the country with the help of researches and giving awareness to the masses.

Nestle Pakistan Ltd Managing Director Ian James Donald urged the university scientists to give them suggestions to meet the challenges of food security and nutrient food across the country to redress the sufferings of the common man. He showed Nestle’s commitment to step up efforts in this regard. He added that the economic growth in Pakistan was less than India that must be expedited to meet the challenges of the growing population.

Donald said that milk production per animal in Pakistan was many fold below the other countries and that is a serious concern. He stressed the need to join hands in order to redress the suffering of farming community by taking initiative to increase the productivity that will not only result in increasing the income of farmers but will also help earn foreign exchanges for the country.

Published in The Express Tribune, May 20th, 2012.