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Do You Love Eating Maggi or Other Nestlé Products? Then you have to Read This!

Nestlé admitted that some of its food products will never be healthy. Only 37% of its products achieved a rating of 3.5 stars rating or higher ....

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Container shipping: A summer of sold-out ships awaits as sea cargo chaos intensifies

Synopsis
Any hope for a return to more normal conditions this year was quashed with the beaching of the Ever Given that stalled traffic through the Suez Canal for almost a week in late March.
iStock
Most logistics experts agree the situation can’t stay this disrupted forever, but there’s a growing sense that relief might not come until 2022. Even those sentiments are part guesswork.
Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting the world economy’s capacity to move goods across oceans. ....

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View: Prices for agri commodities are surging. It won't last

A push higher in food prices is to be expected as developed countries start returning to normal after a year of pandemic. ....

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Nestle sells Poland Spring to private equity firm

FRYEBURG, Maine â The sale of Poland Spring Brand Natural Spring Water, which gets water from springs around Fryeburg, to One Rock Capital Partners LLC and Metropoulos & Co. was announced March 31 as part of the private equity firms previously announced acquisition of Nestle Waters North America, including Poland Spring,Â from Nestle S.A.
According to Vending Times, Dean Metropoulos, an industry veteran with 40 years of experience operating and investing in food and beverage brands, has been appointed chairman and interim CEO of Nestle Waters North America.
Metropoulus & Co describes itself as a family-owned investment firm and is based in Greenwich, Conn. ....

New York , United States , Poland Spring , Deer Park , Andy Dufresne , Richard Bennettr Oxford , Rashida Tlaibd Michigan , Nickie Sekera , Cal Dunlap , Luke Sekera , Los Angeles , Susan Faloon , Tom Klinepeter , R Scott Spielvogel , Tonyw Lee , Maine Supreme Judicial Court , Natural Resources Committee Of The Maine Legislature , Metropoulos Co , Maine Public Utilities Commission , Fryeburg Water Co , Community Water Justice , Metropoulus Co , Police Departments , Rock Capital Partners , Maine Public Utilities Commission Media Liaison , Valueedge Advisors ,

One Rock Capital Partners and Metropoulos & Co. to Acquire Nestlé Waters North America

One Rock Capital Partners, LLC ("One Rock") announced that one of its affiliates, in partnership with Metropoulos & Co., has entered into a definitive agreement to purchase Nestlé Waters North America ("NWNA" or the "Company"), a leading provider of bottled water in North America, from Nestlé S.A. Subject to customary closing conditions, the transaction is expected to be completed in the Spring, at which time Dean Metropoulos will become the Company's Chairman and interim Chief Executive Officer. ....

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