Americas: Nestlé mulls sale of US confectionery busines324 mg iron supplements

Nestlé is evaluating the future of its US confectionery business, including a potential sale. ###The review covers the US market only and is expected to be completed by thecalcium citrate magnesium zinc vitamin d3 end of this year.###Nestlé’s US confectionery business had sales of around CHF 900 million (US$923.93 million) in 2016.###It primarily includes local chocolate brands such as Butterfinger, BabyRuth,oscal calcium citrate 100Grand, SkinnyCow, Raisinets, Chunky, OhHenry! and SnoCaps, as well as local sugar brands such as Swmagnesium citrate gut healtheeTarts, LaffyTaffy, Nerds, FunDip, PixyStix, Gobstopper, BottleCaps, Sprmagnesium citrate and zinc supplementee and Runts. ###It also comprises the international chocolate brandgnc calcium citrate plus Crunch.###The review does not cover Nestlé’s iconic Toll House baking products, a strategic growth brand which the company will continue to develop in the US market.

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