Nestle mulling domestic acquisitions, to launch more products

Nestle India Ltd. | Consumer Food | FMCG | BSE: 500790 | NSE: NESTLEIND

02 Jul 2010 Evaluate

Nestle is mulling acquisitions in India with a view to expand its product-line and plans to launch more products in the coming days.

Nestle India plans to launch new products including breakfast cereals in the coming days in India.

Acquisition will be one among eight categories which the company is looking at. In view of growing working women, the company sees more demand for packaged food items. However, it did not give any timeline for the launch of products.crack crack

Peers

Company Name	CMP
Nestle India	1382.00
Varun Beverages	435.55
Britannia Industries	4937.00
LT Foods	430.10
Hatsun Agro Product	1155.55
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