Nestlé Professional signs new acquisition in Scandinavia and Finland

Nov 18, 2011
Nestlé Professional NESTLÉ PROFESSIONAL: We are present in more than 90 countries - with over 10,000 employees, including a large number of skilled chefs.

Nestlé Professional, the Nestlé business that supplies the food service out-of-home industry, is strengthening its portfolio with a new acquisition in Scandinavia and Finland.

The purchase of the stocks and sauces business Oscar from the Paulig Group will boost Nestlé Professional’s presence in the ‘culinary flavours’ sector.

Oscar’s premium products and chef expertise will complement strong performers in the Nestlé Professional food portfolio like Chef and Maggi.

Closing of this agreement is expected to take place by the end of 2011.


Worldwide growth

Nestlé Professional has achieved solid worldwide growth in 2011 with its innovative products and systems in both the beverages and the food parts of its business.

Earlier this year the company invested EUR 35 million to extend its Erlenbacher factory in Germany.

It also opened a new Davigel Culinary Training and Expertise centre in France.

Nestlé Professional’s super premium barista system Viaggi , launched first in France, is now being rolled out to other markets in Europe.

And its premium Nescafé Milano beverage system has been introduced in North America and parts of Asia, in addition to recent launches in Europe.


“From scratch”

Oscar crafts its stocks and sauces at factories in Denmark and Finland, following traditional methods defined by famous French chef and culinary author Auguste Escoffier.

CULINARY FLAVOURS: Top level chefs are increasingly interested in using manufactured "from scratch" solutions.

They are produced without any additives or flavourings.

The new acquisition of this premium stocks and sauces operation gives Nestlé Professional an opportunity to expand its out-of-home food business in Denmark and Finland where the Oscar brand is used widely, and further afield.

“This acquisition positions us as a strong leader in this premium category, complementing the presence of our Chef and Maggi brands,” said Marc Caira, Chief Executive Officer for Nestlé Professional.


“Culinary flavour solutions is a growth category, with top level chefs increasingly interested in using manufactured “from scratch” solutions.

“It is with pleasure that we welcome Oscar to Nestlé Professional,” he added.

“We believe this is a perfect home for our stocks and sauces business,” continued Jaana Tuominen, Chief Executive Officer for the Paulig Group.

“With Nestlé Professional’s vast experience and culinary professionals, Oscar has now even greater possibility to proceed with its expansive growth strategy and new strategic initiatives.”


Nestlé Professional

The Nestlé Professional food business offers branded solutions like Chef, Minors, Maggi, Stouffers, Nestlé Desserts, Davigel and Erlenbacher to the commercial and institutional restaurant industry.

Its beverages business provides this industry with branded hot and cold non-carbonated drink solutions like Nescafé, Coffee-mate, Nesquik, Nestea and Vitality.

Globally, Nestlé Professional is present in more than 90 countries – with over 10,000 employees, including a large number of skilled chefs.

Nestlé Professional sources from 171 Nestlé factories worldwide and operates 13 dedicated food service factories, a number of specialist culinary centres, and a Beverage Centre located in Switzerland.


Related Links:
Nestlé Professional
Chef
Paulig Group

Read more about Nestlé Professional in Europe:
Nestlé Professional invests EUR 35 million in Germany
Nestlé Professional opens new Davigel centre in France
Nestlé Professional wins a duo of innovation awards