date:Dec 24, 2019
Swiss multinational food and drink processing conglomerate Nestl is set to sell a 60% stake in German sausage manufacturer Herta to Casa Tarradellas.
Nestl and Casa Tarradellas have also agreed to establish a new joint venture (JV) company for Herta. The companies will use their 40% and 60% stakes respectively.
The JV will include Hertas charcuterie business that offers cold cuts and meat-based products in six countries across Europe, as well as its dough businesses located in France and Belgi