The company expects to close on the purchase of VSI, the largest European producer nutrition, diet and functional bars, and Post Holdings’ Idaho nutritional supplement bar production facility, in September.
As most of you know, the tortilla industry has become the fastest-growing sector of the baking business, with more than $11 billion in sales last year.
The Nestlé Research & Development Center in Solon, OH, will develop R&D strategy for the company’s worldwide frozen and chilled foods businesses, as well as focus on product innovation and renovation.