date:May 09, 2014
ffee, this is a tectonic shift, Ken Harris, managing partner at Cadent Consulting in Chicago, said by phone. JAB was clear that they wanted to become larger and now they are laying out their action plan.
Real Threat
The combined portfolio represents a very real threat to Nestle, Euromonitor analyst Hope Lee said. Nestles coffee business has gone from hot to lukewarm. Sales growth in its powdered and liquid beverages unit slowed to 4.6%, excluding the impact of currency swings and acquisitions