date:Oct 22, 2020
ly 2021.
In other notable highlights, Nestl completed the acquisition of a majority stake in collagen products brand Vital Proteins, in July. In September, Nestl closed the acquisition of IM HealthScience, which specializes in medical foods and dietary supplements.
Divestitures decreased sales by 5.5 percent, largely related to the divestment of the company's US ice cream business.
Regional performance
Nestls performance in North America maintained a mid single-digit growth rate, with strong