trending Market Intelligence /marketintelligence/en/news-insights/trending/U-3SyS87I1bFobHtFHYRzQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Nestlé to end production of soups, sauces at French plant

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Report: Nestlé to end production of soups, sauces at French plant

Nestlé SA plans to stop producing broths, soups and sauces at its Hauts-de-France plant in northern France due to declining volumes, food industry news site Just Food reported Jan. 21, citing a company spokesperson.

The food and beverage company said producing the food items is no longer economically viable as a downturn in the local grocery sector has led to a drop in volumes in "recent years," according to the report. The site is also no longer competitive compared to other Nestlé manufacturing plants in Europe, Just Food added.

The move will reportedly affect 158 employees.

However, Nestlé will keep producing products under the Maggi brand at the factory. It will also continue manufacturing cereals for Cereal Partners Worldwide SA, its joint venture with General Mills Inc., at an adjacent site, the report said.

Meanwhile, Nestlé is still looking to invest €100 million in its baby milk facility in Boué, also in Hauts-de-France, over the next three years, Just Food reported.

Nestlé did not immediately respond to S&P Global Market Intelligence's request for comment.