Is Nestlé Owned By Starbucks?

Nestle and Starbucks signed a global licensing deal in 2018 that granted Nestle the perpetual rights to market Starbucks packaged coffee and food service products globally The initial agreement excluded goods sold in Starbucks coffee shops and ready-to-drink products. What does Nestlé do for Starbucks? Nestlé and Starbucks Corporation today announced a new collaboration to … Read more

Why Did Starbucks Sell To Nestlé?

The agreement significantly strengthens Nestlé’s coffee portfolio in the North American premium roast and ground and portioned coffee business It also unlocks global expansion in grocery and foodservice for the starbucks brand, utilizing the global reach of Nestlé. Did Starbucks sell to Nestlé? Nestle and Starbucks signed a global licensing deal in 2018 that granted … Read more