date:Apr 19, 2013
mpetition in its fast-growing portioned coffee business, through copycat versions of its Nespresso capsules and rival coffee brewing systems.
It will also have to compete with the global hot drinks empire created by the $9.8 billion acquisition of D.E. Master Blenders, maker of Douwe Egberts coffee and the Senseo coffee system, by German investor Joh A Benckiser that already owns Caribou Coffee and Peet's Coffee Tea.
However, Child-Villiers said, Nestle was gaining market share in Europe than