Nestle SA - Nestle opens new plant
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RNS Number:1242T
Nestle SA
25 April 2008
Press Release
Nestle opens new production facility in Konolfingen
Vevey, 25 April 2008 - Nestle today inaugurated a Nestle Nutrition facility in
Konolfingen (Switzerland) in the presence of Swiss Economic Affairs Minister
Doris Leuthard. The plant will produce new-generation probiotic infant formula
under the NAN brand and enable Nestle Nutrition to meet the growing needs of
consumers in over 90 countries.
The inauguration marks the first stage in a series of investments totalling
around CHF 180 million over the next three years, strengthening Konolfingen's
position as a global manufacturing site for highly-specialised infant formula
and healthcare nutrition. The new Nestle Nutrition industrial site will benefit
from synergies with Nestle's Product Technology Centre, also based in
Konolfingen.
The establishment of the new Nestle Nutrition plant is a further sign that
Nestle sees the nutrition business as one of its key strategic areas with
above-average growth and profit potential over the coming years. Nestle
Nutrition is today the world leader in specialised nutrition with sales of about
CHF 11 billion in 2008.
Contacts: Media: Francois-Xavier Perroud Tel.: +41-21-924 2596
Investors: Roddy Child-Villiers Tel.: +41-21-924 3622
This information is provided by RNS
The company news service from the London Stock Exchange
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