News | Business
16 Jul 2018 11:21
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Nestle is pulling out of New Zealand

    Nestle is pulling out of New Zealand


    Dozens of jobs are set to go, after the chocolate maker and dairy giant reached a confidential agreement overnight to sell off its New Zealand brands.

    It's beginning consultation to reduce manufacturing at its south Auckland factory in Wiri.

    The company will sell brands like Mackintosh's, Heards, and Black Knight to Quadrant Private Equity, the owners of RJ's and Darrell Lee.

    Nestle says up to 55 roles will be made redundant from a workforce of more than 270.

    © 2018 Newstalk ZB, NZCity


     Other Business News
     14 Jul: Auckland households and businesses will get some extra pocket money in August or September thanks to Vector
     14 Jul: Netflix has apologised to New Zealand customers for overcharging them after complaints were posted to social media
     14 Jul: There's more evidence the electric car revolution is gathering speed
     13 Jul: Customers of electricity retailer King Country Energy are being transferred to Trustpower
     13 Jul: Wellington bus users are being told to prepare for the biggest changes ever made to the network
     13 Jul: Japan wants to restructure IWC to make it easier for it to start commercial whaling again
     13 Jul: Wellington's public transport network is about to undergo its biggest change ever
     Top Stories

    RUGBY RUGBY
    The All Blacks have kept hold of a couple of promising young players for next year's Rugby World Cup More...


    BUSINESS BUSINESS
    Auckland households and businesses will get some extra pocket money in August or September thanks to Vector More...



     Today's News

    International:
    World Cup final: When is it, how to watch and who's playing 10:47

    Tennis:
    Wimbledon: Novak Djokovic beats Kevin Anderson in straight sets to win fourth title 10:47

    Law and Order:
    Police are treating the death of a man at Bay of Plenty's McLaren Falls as suspicious 10:47

    International:
    World Cup: France beats Croatia 4-2 to become world champion for a second time 10:17

    Rugby:
    The All Blacks have kept hold of a couple of promising young players for next year's Rugby World Cup 10:17

    Law and Order:
    Didier Deschamps has become the third man to lift the football World Cup as a player and a manager 6:27

    Soccer:
    World Cup: Can winning the final heal France's divisions? 4:37

    Motoring:
    A truck driver's had a lucky escape in Waikato after his vehicle careened off the road into floodwaters 20:47

    Rugby League:
    The Warriors have returned to winning ways in the NRL with a 26-6 thrashing of the Broncos in Brisbane 18:37

    Rugby League:
    The Warriors have snapped a two game NRL losing run with a commanding 26-6 win over the Broncos in Brisbane 18:07


     News Search






    Power Search


    © 2018 New Zealand City Ltd