GFM Network News






Spice maker seeks path to make vanilla milkshakes cheaper

Chicago/Antananarivo, Madagascar | Reuters — A kilo of vanilla beans costs more than a kilo of silver. Cultivated painstakingly over years from an orchid plant, vanilla is the second most expensive spice in the world, after saffron. In less than five years, the wholesale price has risen nearly 500 per cent, partly because of growing […] Read more



Nestle to spread out at London ice cream plant

A multi-phase overhaul at Nestle Canada’s southwestern Ontario ice cream factory is moving further ahead with a plant expansion. The company’s London, Ont. ice cream plant, which has operated since 1966 and supplies brands such as Haagen-Dazs, Drumstick, Parlour and Skinny Cow for all of Canada, is in the midst of a four-phase, $51.5 million […] Read more


Nestle to buy Canadian nutrition firm Atrium

London | Reuters — Nestle is buying Canadian vitamin and nutritional supplement maker Atrium Innovations for US$2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods. The world’s largest packaged food company said on Tuesday it will buy the maker of vitamins, probiotics and meal replacements from a […] Read more

Nestle, Coke end Nestea iced tea venture

Zurich/London | Reuters –– Nestle and Coca-Cola have agreed to end their Nestea iced tea joint venture after 16 years and pursue separate strategies in the fast-changing bottled drinks market. The companies formed Beverage Partners Worldwide in 2001 to sell Nestea around the world but the brand has faced fierce competition from Lipton iced tea, […] Read more


Nestle pledges cage-free eggs for Canadian wares

The Canadian arm of Swiss food processing giant Nestle has promised to shift its egg supply to “cage-free” sources by 2025. Nestle Canada, whose products using eggs include some of its Lean Cuisine meals and Real Dairy desserts, said Wednesday it was “dedicated to working with Canadian farmers to make this transition.” The Canadian business […] Read more