date:Nov 30, 2020
ll of Yinlus operations, including its five factories in Fujian, Anhui, Hubei, Shandong and Sichuan. The transaction will allow Nestl to focus on key categories in China: infant nutrition, confectionery, coffee, culinary, dairy and petcare, capitalizing on its strong brands, digital capabilities and innovation engine to drive growth. Nestl will retain its ready-to-drink (RTD) Nescaf coffee business and distribute the products across most of the greater China region. The deal is expected to close