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Nestl goes bankrupt with candy in New Zealand. At the beginning of the year, the group had already sold its business in the United States
Nestlé sells its local brands to Quadrant Private Equity, reports the SDA news agency. This will reduce the capacity of the Wiri factory, which affects 55 out of 270 jobs.
Dismantling should, if possible, be managed by natural attrition. Nestlé has also promised a social plan and job search assistance. Employees may also relocate to Quadrant's factory in Levin
Chocolate, Bakery and Pharmacy Main Activity
Reasons to Sell Mackintosh, Heards, Black Knight and Fabulicious Red Licorice is a Review of Sweets Australia and New Zealand, as the SDA writes. Nestlé wants to focus on the core business of chocolate, bakery products and pharmaceuticals.
No information was given on the selling price.
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